SMF - Just Installed!

Landlord Outgoings HELP

Started by rickyharmer, October 16, 2018, 06:50:35 PM

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rickyharmer

Hi all,
I am trying to figure out all of my outgoings as a landlord - have I forgotten or over looked anything:
RENTAL INCOME minus:
- Mortgage payment
- Service Charge and Ground Rent and occasional hidden extra fees (if a flat ONLY)
- Landlord Insurance and Boiler cover

Then optional is Estate Agency fees.

Finally any accountant costs and of course the one we often overlook TAX

Is there anything else? Have I missed anything when calculating how much my NET monthly earning could be??

Thanks all!

Martha

I dont think you mentioned Annual Gas Safe Certificate.

madferret

Cost of mileage to and from visiting the rental
Property
And if you use an accountant - their fee