鲜花( 0) 鸡蛋( 0)
|
Let's make an easy example.
$ g% v9 ?* P/ d( B7 J+ c( r% _1 S& c; o# [6 ?# W. E% r
Suppose one person bought a house worth 100,000 last year. It's a two bedroom style.
* f* _/ Z4 ~. ^. \9 iAfter one year, he or she decided to sell it out.
, r4 I% u; q* g5 u: m i, s
# P9 t5 b0 s3 o7 G5 u' ?0 m$ c7 W1 VCost (expense): & d6 ]! L$ P5 B8 ] \" x9 K4 i& j
Business tax: 5%*100,000=5000 (please verify)+ ^, J3 R/ e7 R, l% T
' w& _+ l! H, `" q1 @$ W
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)- _, ?" ]) K! d3 [' N
1 ^" o3 x. X# Y: r
Estate agent fee: 1%*100,000=1000 (this part is neglected in previous statement)9 g5 S; x! V3 G9 n7 z0 d5 r
% t3 T8 u( u, E6 _: [1 p
Real estate management fee: 250*12=3000
|% o- g$ x% R$ n+ h J, uTotal cost: 14000/ ?8 P$ ~+ O+ ?; O
- v- W7 s5 K( _0 F- v7 NBenefit:6 I) R6 o3 ^7 F# l
The saved rental: 350*12=42004 O# k( Y% P) y* J3 N2 k
The rental income from tenant: 350*12=4200
+ H/ ]- a/ j% h/ P% i' W; }& W. m, {
; B W; g( o h9 N# x4 e$ D4 B% MValue increase: 100,000*6%=6000: K$ L( y2 P8 |" L) Z9 ]
0 T+ ^! B1 o4 v) H6 eTotal benefits: 14400
^! N( J+ K6 M+ S$ _* P8 U5 y. \7 ?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
" B3 R1 M+ s2 ~& N! f6 q9 o& P, Z' y, z8 E& b" r5 g7 s1 T7 ]
[ Last edited by knptmug on 2005-3-8 at 07:45 PM ] |
|