Calculate Cost Basis for Rental Income

Work out the rent you can charge - cost basis

How many rooms does the property have (exclude bathrooms and kitchen)
Rooms available for business use
Are the rooms exclusively used for business?
If answer to 5 is No, please confirm the number of days in a week the room is used for business
Please confirm the number of hours the room is exclusively used for business on any of the the above given day?
Business use of property (percentage)
Monthly expenses
Water
Council tax
Light and heat
Buildings insurance
Cleaning
Repairs and maintenance
Mortgage Interest/Rent
Internet
Other Expenses
Total

The calculator is for illustrative purposes only, for a detailed calculation please contact us or speak to your advisor.*