VANCOUVER ISLAND · RENTAL OWNERSHIP
A rental home.
More than the rent.
The lease. The repairs. The year-end numbers. Whether renting makes sense depends on the costs—and how much of your time it takes.
NO SIGN-UP · RUN YOUR NUMBERS
Rental cash-flow calculator
How this works & what is not included
Average monthly cash flow = monthly rent × (1 − annual vacancy rate) − other monthly costs − monthly mortgage payments. Annual results are monthly averages × 12. Itemized and total expenses are never counted twice.
Only entered figures are included. Purchase and sale costs, income tax, property value changes and unentered expenses are excluded. Maintenance reserves are not actual expenditure. Mortgage principal is a cash outflow, not necessarily deductible. This is a budgeting tool, not a rent valuation, tax opinion or investment forecast.
BEYOND THE NUMBERS
Finding a tenant is only the beginning.
Who handles the day-to-day work? What does the agreement cover? What happens when you sell? Explore the questions before they become decisions.
Manage it yourself—or hire someone?
Weigh your time, maintenance coordination and day-to-day responsibilities—not just the fee.
What should a management agreement cover?
Look at scope, extra charges, repair authority and how the agreement ends.
Buying or selling with tenants in place?
Understand the tenancy, viewing arrangements and possession plans before deciding.
Rental management or strata management?
One home can involve both. Understand where each responsibility sits.
OWNERSHIP COSTS. BETTER-INFORMED DECISIONS.
Keep it and rent it—or prepare to sell?
Expected rent is one part of the decision. The tenancy, the condition of the home and your timeline matter too. Talk with Albert about what they mean for your purchase or sale.
Discuss my property with Albert ↗This section provides rental ownership information for buying, selling and holding a home. Property Markets does not currently offer property management services.