Calculating maintenance costs

Apartment Owners: Let’s Do the Math With Maintenance Costs

How much does it cost each year to maintain your apartment? For apartment owners, that answer contains two elements: what you pay to buy the place and what you pay each month to carry it. These two factors, in theory, exist on a sliding scale to one another relative to other comparable properties. In other words, if your maintenance is higher than that of everyone else who lives in a property the same...

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