How do I determine the maintenance percentage for my property?

How do I determine the maintenance percentage for my property?

The maintenance percentage is the maintenance costs divided by the gross rental income. So if your gross rental income was $10,000, and your maintenance costs that year were $500, your maintenance percentage would be 5%. If you're just purchasing the property, you'll have to make an estimate of the maintenance percentage. If you're buying a new property, the maintenance percentage is probably less than 5%, if you're buying an older property, it will have maintenance costs.

INPUT DATA > EVALUATOR
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