www.rentagain.nz
Financial Viability
"Incomes" must pay rental "Costs"
"Incomes" include:-
● Rent
● Capital value growth
"Costs" include:-
● Operations
● Interest
● Replacements
● Ring-fencing tax
MS XL spreadsheet calculator shows:-
● Gross weekly "cash-flow"
● Actual Interest return on the property's value
To operate
● Download calculator here (it's safe)
● Save it to your favourite folder
● Change yellow default settings* for your property
Play with the settings to build understanding and knowledge
* Notes
● Default settings are for a modest 2 br Timaru house in 2025
● The calculator is free.
● No users' information is taken.
● Formulas have been tested but,
● No liability is accepted for any errors that may be found.
● It may be wiser to sell rental properties that are clearly not
providing an interest that is competitive with other investments
IMPORTANT: Before purchasing or selling a rental property,
investors should always seek advice from an experienced,
qualified financial adviser, valuer or accountant.
Give them** a "Renting Costs" Brochure
(Print A4 landscape, double sided, then fold into thirds)
This hand-out helps explain real costs owners face when
lending homes worth hundreds of thousands of dollars.
** Media, renters, other landlords, communicators, politicians, and
critics of "greedy landlords who should be taxed more"S.
Ever asked why??
● Large commercial property companies do not provide long term
residential rental accommodation.● Charities need grants to provide residential rental homes.
● Government and council rental homes endure huge losses.