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Updated over 7 years ago,
Rental property expenses
Hi everyone!
I'm pretty new to investing though I feel I have a grasp on what I would like to invest in. Buy and hold is an avenue I want to go down and would like to know the different types of expenses I should expect and learn about ones I would never think about. Here's what I have now with what I think I should expect and would to add on to my excel sheet...
Loan amount |
Interest rate |
Monthly payment |
Yearly taxes |
Yearly insurance |
Vacancy |
Maintenance |
Property management |
Property taxes |
Insurance |
HOA cost |
Electric |
Water |
Gas |
Trash |
Snow Removal |
Lawn care |
Roof |
Any other expenses I should be aware of? I would also like to do multifamily, are there big differences from SFH?
Cheers!