Costs of becoming a landlord: calculator
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.
In this calculator we take into account the following costs:
- Letting / agency fees
- Maintenance 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.