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Updated almost 5 years ago on . Most recent reply
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Cincinnati, OH Fixed Landlord-Paid Expenses
Hello community.
I'm getting more and more comfortable running property analysis' using the BiggerPockets Rental Property Calculator. My wife and I plan to buy a duplex/triples this Spring and house hack on the East side of Cincinnati. I'm running the numbers as if I'm not living there.
What are typical fixed landlord-paid expenses and their average cost in Cincinnati, OH? I can get actuals on insurance and property taxes. I'm plugging in $40/month for lawn care. Snow will be taken care of by tenants. I'd like to put all utilities on the tenants (electric, water, sewer, garbage) but this might depend on how the house is metered.
Anything I'm overlooking and/or what do you include on all property calculations? Please exclude all variable landlord-paid expenses (i.e. vacancy, cap ex, repairs, management).
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Thank you @Slocomb Reed. I'm actually looking at duplex's in Cincinnati and wasn't aware that water and trash were included in the taxes. Appreciate the tips and insight.