selling my property myself

Return on Investment (ROI) is a fairly simple tool which helps determine an investment's performance but is a valuable asset in the long run.

Factors Influencing ROI:ROI is influenced by some of the vital factors such as the initial investment, loans, overheads, mortgages, and taxes.

This is the reason ROI provides only a partial picture of the investment and might not be a perfect meter of its performance.For ROI calculation on your property, there are some of the main costs involved that you should know:Acquisition costsThese are the costs incurred when you acquired the property you now want to sell.Cost of the property – You paid this price to the seller for the property in question.Stamp Duty and Registration Charges –You paid this to the Registration and Stamp Department of the State at the time of purchase of the propertyBrokerage - This is also known as the commission, you have paid to broker for his facilities when at the time of first purchasing of the property.

Operational costsThese are the costs incurred during the time you possessed the property.Maintenance charges –if the property is a flat in a housing society, you have had paid maintenance charges to the respective housing society.Property taxes - As an owner of the property, you pay this tax to the particular municipal corporation for the maintenance of utilities and civic set-up, like water, electricity, roads, etc.

of your neighbourhood.Repair and renovation costs - These include any expenditures made towards maintenances and refurbishments, like changing the plumbing in the washroom, redesigning the kitchen, and repainting the house, etc.

Selling costsThese are the expenses you may have to incur while selling your property.Brokerage - The commission charges you have to pay to the broker for helping you sell the concerned property.Advertisement - Expenses for printing ads in newspapers, or contributing to the premium package of an online property listing portal.

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Hard money loans are an easy and quick way to secure a real estate investment.

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