In-House Server vs Dedicated Server

In-House Server Dedicated Server (Outsource)
Server Model Quad Core Xeon
4GB RAM
500GB HDD x 2
Quad Core Xeon
4GB RAM
500GB HDD x 2
Server Hardware Cost $1,612.00 $0.00
Windows Server 2003 Web $640.00 $0.00
MIS Engineer $12,000.00
($1,000.00 monthly)
$0.00
Electrical Charges yes no
Uninterrupted Power Supply no yes
CCTV no yes
24x7 Air Conditioned no yes
24x7 Technical Support no yes
24x7 Monitoring no yes
Can Terminate Anytime no yes(Monthly Contract)
Can Upgrade Hardware Anytime no yes
Can Upgrade Software Anytime no yes
Annual Fee no $1,428.00
Total Cost for 1 Year $14,252.00 $1,428.00
2nd Year $14,252.00 $1,428.00
3rd Year $14,252.00 $1,428.00
Total 3 Years $42,756.00 $4,284.00
Yearly SAVE UP $38,472.00