鲜花( 0) 鸡蛋( 0)
|
Let's make an easy example. 5 R0 Y# O q: _ p" ~2 j9 w: [
0 H2 X: |8 j I) x% VSuppose one person bought a house worth 100,000 last year. It's a two bedroom style.* v* I4 Y5 W' E$ {5 A
After one year, he or she decided to sell it out. & z d/ O" S3 J o2 {
3 ]: H% w0 s9 f- ^
Cost (expense): " l% S) V6 S$ X. n9 i
Business tax: 5%*100,000=5000 (please verify)
9 v' \9 Z: t! W/ o5 U. L* O1 m+ B, M8 {3 n
Mortgage interest: 5%*100,000=5000 (not only the loan interest you pay the bank, but the interest of inital payment of house should also be accrued)
0 ?1 R: C/ g8 c- E" R2 `( G, p. |" W) g# U$ x! X; m$ L
Estate agent fee: 1%*100,000=1000 (this part is neglected in previous statement)0 t7 p% S+ `/ G" N' B: g
7 o3 D0 @6 J! [# h; ~& \0 [Real estate management fee: 250*12=3000
8 V7 _5 I% n8 a$ C7 O; pTotal cost: 140001 X w6 |7 P/ W, \
2 D% i3 o3 \3 y5 U2 z9 FBenefit:( Y& o3 A3 w0 \+ d2 y! ]
The saved rental: 350*12=4200
9 Q, s! I1 @5 C! n3 eThe rental income from tenant: 350*12=4200
) w( f* q( v' t! H( I' p8 s8 Z
/ e) S' }+ e$ a& @: BValue increase: 100,000*6%=6000* ? S$ O/ X' Z: `3 `" l7 Y
# N U4 z/ v" k8 g+ B% }8 h
Total benefits: 14400
* B# |, R+ o0 \9 n3 i' c8 O4 U9 nSo if both purchasing and selling transactions are conducted in one year, just slight gain could be achived. So the edmonton estate market is not worthwhile for short term investment. k: L2 F+ @8 d6 [9 p- e( X
* X" }3 k8 r2 B( \/ o+ e" }3 d1 j
[ Last edited by knptmug on 2005-3-8 at 07:45 PM ] |
|