The two main types of expenses that we utilize in our investment property report and rental property calculator are the following:

One-time Startup Costs

These are the expenses and costs that will only occur once upon purchasing an investment or a rental property.

The main one-time startup costs that are included in our report include the following:

The values for these expenses that will be set on default when you visit the property analytics page are fixed based on the nationwide averages for each of these expenses.

The default values for these expenses are as follows:

Note: These values do not represent that actual costs and expenses that will apply to your investment, but are the nationwide averages in the US! You can modify and adjust the values based on your investment accordingly.
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Annual Recurring Expenses
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​These are the expenses that will occur on an regular basis when you own an investment or a rental property.

The main annual recurring expenses that are included in our report are the following:

The values for these expenses vary depending on the source that we gather the data from. We receive some of the values for these expenses from our data source, while other expenses are set on a fixed default based on the nationwide average or other criteria.

The values for these expenses are broken down as follows:

The homeowners' insurance costs are set on a default value based on the nationwide average. This value is $83/month.

For multi-family units, we receive the data for the homeowners' insurance costs that will apply to the property from our data source.

Utilities' costs are set on a default value based on the nationwide average. This value if $100/month.

For multi-family units, we receive the data for the utility costs that will apply to the property from our data source.

The property management costs are set on a default value of 6% of the rental income.

For multi-family units, we receive the data for the utility costs that will apply to the property from our data source.

The property maintenance costs are set on a default value of 1% of the price of the property.

The property taxes value is based on the accurate data that we receive from our data source.

The HOA fees value is based on the accurate data that we receive from our data source.

The rental income tax value is set on the default of 14% in accordance with the nationwide average.

Note: These values are not 100% accurate and are subject to change. Some of the nationwide averages can be significantly different from the actual value that will apply to your investment. You can adjust and modify the values accordingly and as you see fit based on the area that you're investing in.
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