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Costs of becoming a landlord: calculator

September 25, 2019 - Read time 1 mins

Do you own a property or are you considering buy-to-let? If you’re thinking of becoming a landlord, you’ve probably compared the rental price you believe you can achieve against the monthly mortgage cost you’ll need to pay. But the real costs of being a landlord are much higher than most first-timers think.

Use our calculator below to work out all your landlord costs, and the profit that you would keep. 

If you need help figuring out how much you could borrow, and what your respective monthly repayments would be, try our buy-to-let mortgage calculator.

In this calculator we take into account the following costs:

Income tax

- Letting / agency fees

- Maintenance costs

- Safety certificates & licenses costs

- Insurance costs

- Void period costs

The default numbers are based on industry averages but please adjust accordingly if you've worked out your individual costs differently.

 

 

 

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