Captial and Maintenence Expendiature

Discussion in 'The Buying & Selling Process' started by Shawn Donaldson, 3rd Aug, 2018.

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  1. Shawn Donaldson

    Shawn Donaldson Active Member

    Joined:
    20th Feb, 2017
    Posts:
    33
    Location:
    Adelaide
    Hi Guys,
    I'm currently in the process of finding my first investment property.
    As part of working out the deal, I need to estimate the annual capital and maintenance expenditures.

    How do I go about estimating that?

    I'm looking at 3 bedroom homes in lower socio-economic areas in Adelaide. Approx value: 130-150K. Expected Rent: 230-250/wk.
    Apologies, I'd give more information, but I don't know what information would be pertinent.
     
    Shawn Donaldson, 3rd Aug, 2018
    #1
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    41,983
    Location:
    Australia wide
    roughly 30% of rents for these including rates etc too
     
    Terry_w, 4th Aug, 2018
    #2
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