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Updated over 9 years ago on . Most recent reply

Account Closed
  • Investor
  • Baltimore, MD
38
Votes |
123
Posts

All Utilities or No?

Account Closed
  • Investor
  • Baltimore, MD
Posted

Would it be best to include all utilities and allow a tenant just to pay a flat fee that covers everything for a SFH?

Example: Mortage payment is $600 a month which is fixed rate which includes everything in one payment. If the Tenant Pays 850-900 a month. That includes Paying down The Mortage, Gas & Electric, maintenance cost, insurance, and Lawn work/snow removal. Would I make out In terms of a decent cash flow opportunity? 

Most Popular Reply

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1,225
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
561
Votes |
1,225
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Scott Weaner
  • Rental Property Investor
  • Yardley, PA
Replied

For a single family home, I would put all of those costs on the tenant. All utilities and yard maintenance along with snow removal.

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