I left off with the question regarding whether a home will pay for itself. Below is an estimate on carrying costs (excluding piti).
What do you think my monthly expenses would be for this house?
You will incur several fixed costs regardless of the size of home. They are:
SROA Dues |
$ 51.00 |
Fixed |
Chambers Cable* |
$ 40.00 |
Fixed |
Sunriver Telecom - Phone |
$ 27.00 |
Fixed |
Trash |
$ 20.00 |
Fixed |
Hot Tub Service |
$ 80.00 |
Fixed |
TOTAL |
$ 218.00 |
|
*May be more if you have satellite/wireless internet, and less if you don't have a hot tub.
The remainder will be variable and will depend on the size of the home and usage:
Water |
$ 25.00 |
Variable |
Power |
$ 60.00 |
Variable |
Gas |
$ 60.00 |
Variable |
TOTAL |
$ 145.00 |
|
These figures represent an average total for an average 3 bedroom, 2 bath home. This does not include any housekeeping/maintentance or property managment commissions.
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