What are all the expenses that a property comes with?

Most Popular Reply

Rental Property Investor · Salem, NH · Member since 2016 · 460 posts · 276 votes
7y

@Ace Alexander Issac Wesley 

Debt Service

Property Tax

House Insurance

Maintenance (Plumbing, HVAC, Electric, etc)

Vacancy

Cap Ex

Landscaping

Snow Removal

Pest Control

CPA

Legal Fees

See this reply in the discussion

3 Replies

Jump to latestLatest
  • Investor · Member since 2017 · 239 posts · 149 votes
    7y
    @Ace Alexander Issac Wesley good wuestion! The answer depends on more than the type of dwelling. But also what condition it’s in. For example a newly built home should have fewer rental expenses than say a home that’s 60 years old. So there isn’t a good source that will tell you everything. A friend of mine uses pro.com to get quotes just to have a sense of how much something will cost. Might be worth a try but again the costs are based on age of house, size of house, quality of build, etc.
  • Rental Property Investor · Salem, NH · Member since 2016 · 460 posts · 276 votes
    7y

    @Ace Alexander Issac Wesley 

    Debt Service

    Property Tax

    House Insurance

    Maintenance (Plumbing, HVAC, Electric, etc)

    Vacancy

    Cap Ex

    Landscaping

    Snow Removal

    Pest Control

    CPA

    Legal Fees

  • Member since 2018 · 64 posts · 45 votes
    7y

    Monthly Water, electric, gas and deposits for each.

    Possibly flood insurance 

    Possibly HOA dues

    Landlord insurance 

    Emergency fund

Join the conversationCreate a free account to reply, vote on answers and follow this thread.