Feature of the Month: Investment ExpensesJune 10 2021
Step 5 of the Properlytics journey is investment expenses. In this step, you can predict all of the investment property's running costs.
Expenses like body corporate, maintenance, rates and even agent's commission are sometimes unavoidable, so they need to be included in the calculations.
Properlytics gives you the option to add other expenses like pest control, gardening and cleaning as well, to give you an accurate yearly cashflow projection. Manipulating and changing expenses like these can be the difference between a positively geared and negatively geared property.
The investment expenses step of the Properlytics journey is hardly the most exciting, but definitely a necessary step to help investors make more informed decisions.