Hi all,
Based on a current thread (see link below) I would like to ask you all for help in compiling an example costings sheet for everyone. Once we have completed this project I will publish the sheet in PDF format in the downloads section.
Step 1 - Lets work out possible costings that we should take into account.
I have submitted the following - PLEASE add your additional costings and suggestions as well.
The next step we may want to attempt an example and apply the rent etc...
The list so far
Legals (conveyance etc..)
LIM report
Insurance
Body corp fees
Building/Pest inspection
Land Rates
Loan Establishment
Mortgage Costs
-Establishment fee
-Mortgage insurance (maybe)
-Valuation fees
-Registration of mortgage
-Registration of title
-Search fees
Possible money required to upgrade property for renting
Property Management
Link to thread which started me thinking about this project
Based on a current thread (see link below) I would like to ask you all for help in compiling an example costings sheet for everyone. Once we have completed this project I will publish the sheet in PDF format in the downloads section.
Step 1 - Lets work out possible costings that we should take into account.
I have submitted the following - PLEASE add your additional costings and suggestions as well.
The next step we may want to attempt an example and apply the rent etc...
The list so far
Legals (conveyance etc..)
LIM report
Insurance
Body corp fees
Building/Pest inspection
Land Rates
Loan Establishment
Mortgage Costs
-Establishment fee
-Mortgage insurance (maybe)
-Valuation fees
-Registration of mortgage
-Registration of title
-Search fees
Possible money required to upgrade property for renting
Property Management
Link to thread which started me thinking about this project
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