The Lease vs. Buy Analyzer

Analyse whether to lease or buy this asset.

The asset: [DESCRIBE]
Purchase option: [PRICE, USEFUL LIFE, RESIDUAL VALUE, FINANCING]
Lease option: [PAYMENTS, TERM, CONDITIONS, END-OF-LEASE TERMS]
Discount rate and tax rate: [RATES]

Provide:
1. The present value of the cost of each option, cash flow by cash flow
2. The tax effects of each (depreciation vs lease deductions)
3. The break-even point and which assumptions drive the answer
4. The qualitative factors (flexibility, obsolescence, ownership,
   balance-sheet treatment)
5. A recommendation with the conditions that would change it

Show the discounting and keep ownership's residual value in the picture.