鲜花( 0) 鸡蛋( 0)
|
Let's make an easy example. 2 m/ _& T( I, V" ?& K0 x
* F, }' w. S6 p+ jSuppose one person bought a house worth 100,000 last year. It's a two bedroom style.$ ?! O8 m6 h& i6 ?: |% n$ j; r
After one year, he or she decided to sell it out.
7 ?$ M, |7 E( p$ s8 `" x: j
( Z& r; d x* [* y. z; _Cost (expense): 0 G/ B8 k9 }* F q8 ]
Business tax: 5%*100,000=5000 (please verify)& ~/ F" p2 X3 w2 e' y! |. d# e
, R; a" Y. E" t) T5 T8 \0 NMortgage 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)7 d9 I" d) G& G K/ {. i! H
/ F/ s1 r6 F( y% g- Q' ^: p( CEstate agent fee: 1%*100,000=1000 (this part is neglected in previous statement)
* d2 k$ F0 I9 l4 n3 f7 Q9 S. B+ g, \, r1 l. u, E( v
Real estate management fee: 250*12=3000( w/ j+ ^- g1 R
Total cost: 14000" _) @5 F4 E7 N
# n* } l! J" vBenefit:# p+ j! y B5 `: e* P3 l& D
The saved rental: 350*12=4200
+ i- w6 z( G% }& h) E% b9 O& S: sThe rental income from tenant: 350*12=4200* l, z3 s, D5 f5 D
* z, G. _$ i; e8 l
Value increase: 100,000*6%=6000* ^3 o) O+ v7 `! _, [
, I' N& P+ |- u: C9 z, s, E l; gTotal benefits: 14400* ^7 h- n! l$ w0 s- c$ w2 n. Z# T
So 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/ g' C" c1 }+ _1 m
. \: @3 r, w, {* B4 }* d[ Last edited by knptmug on 2005-3-8 at 07:45 PM ] |
|