Empty-flat cost worksheet

An empty flat isn't free. Enter your own numbers to see what yours costs each year, in rupees and dollars.

Your numbers

Society maintenance per month (₹)
Property tax per year (₹)
Minimum electricity and water per year (₹)
Rent you could get per month (₹)
Months empty per year
Repair allowance per year for an empty flat (₹)
Exchange rate (₹ per $)

What it costs

Holding costs per year (₹)	1,32,000
Rent lost per year (₹)	5,40,000
Total cost per year (₹)	6,72,000
Total cost per year ($)	about $7,000
Cost over 5 years (₹)	33,60,000

If you're not moving back soon, a well-managed tenancy turns this cost into income. If you are, a quarterly inspection protects the flat while it waits for you.

Want Kiteflier to handle this for you? We look after NRI homes in Mumbai, Bangalore, Hyderabad and NCR. Book a 15-minute call at kiteflier.co