Townhouse Expenses have the following yearly range
| Taxes | $5,000 - $100,000 |
| Water & Sewer | $300 - $10,000 |
| Insurance | $1,500 - $20,000 |
| Superintendent | 0 - $6,000 |
| Utilities & Heat | $2,500 - $25,000 |
| Trash Removal | 0 - $4,500 (Primarily Commercial Buildings) |
| Elevator Maintenance | 0 - $5,000 |
| Security Systems | 0 - $5,000 |
| Extermination | 0 - $3,000 |
| Repairs | 0 - $25,000 |
| Total | $9,300 - $203,500 |
Most houses fall in the $25,000 - $55,000 expense range
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What Type of Property Do I Want to Buy?
Multiple-Family - Home Purchasing a small home with rental units can be a great way to make homeownership more affordable. Although the initial purchase price of a two or three family may be slightly more than the cost of a single family home, you may actually be able to borrow more money and the house may be more affordable because you will collect rent from your tenants.
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