Property Tax

Monthly property tax obligation.

Definition

Property taxes are assessed by the county and are typically based on the assessed value of the property. After a purchase or rehab, the assessed value may increase significantly. Always model post-rehab tax rates.

Formula

Property Tax = holding_costs.property_tax_monthly (fixed input)

How Kaison Uses This

Entered in the holding costs section. Use post-rehab assessed value for accuracy.

Example

$90/mo property tax

Pro Tip

Check if the county reassesses on sale. Post-purchase tax increases can kill marginal deals.

Related Terms

Property Insurance

Monthly insurance premium for the property.

Total Operating Expenses

All recurring costs: management + maintenance + capex + insurance + tax.

Educational content only. Consult a CPA or attorney for advice specific to your situation.