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Updated almost 9 years ago on . Most recent reply
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What is a good estimate for utility costs?
Hey guys,
I tried to look around but didn't find an answer to my question, so here it is..
When analyzing a SFR in Houston (Texas), how much should I expect the following utilities to cost per month?
-Water
-Sewage
-Garbage
-Electricity
If any, which ones of the above do the landlord pay for, and which ones do the tenant pay for?
Thank you in advance for all answers.
Most Popular Reply
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Thank you for the replis @Tom Cooper@JD Martin.
So that means that when I am analyzing potential SFR's to buy, I should not factor the utilities in as costs because the tenant will be paying for them? Wow, that'll definitely help on my cashflow as until now, I've been looking at negative cashflow on most of my analyzed properties!
@Tom Cooper, you're from Houston, would you mind giving me the utility costs for one of your rentals? Just to give me a few numbers on what to expect the costs to be?