What have we got. What am i missing for total cost of ownership.
Purchase Price
Stamp Duty / Tax on purchase
Moving costs
Thats all in on day 1
After that:
Mortgage
Maintenance
Renovations
Utilities
Insurance
Annual Taxes
If a property appreciates i would exclude the taxes, utilities and insurance as i would have those if i bought a new one.
Am i missing anything else.
Purchase Price
Stamp Duty / Tax on purchase
Moving costs
Thats all in on day 1
After that:
Mortgage
Maintenance
Renovations
Utilities
Insurance
Annual Taxes
If a property appreciates i would exclude the taxes, utilities and insurance as i would have those if i bought a new one.
Am i missing anything else.