This calculator shows how the following are calculated:
The fixed rate applied for the length of the agreement: net rent ÷ property value. Hover each line for how it's worked out.
The Passive Owner's recorded interest × the agreed occupancy rate, converted to a weekly amount.
A % of property value, split 50:50 between the two owners — each pays half, regardless of their ownership shares. GST applies to this fee (not to the occupancy fee or top-ups).
The occupancy fee plus the Resident Owner's half of the Administration Fee.
The occupancy fee minus the Passive Owner's half of the Administration Fee.
Charged only for specific extra work a party requests, and always explained before you commit.
The Passive Partnership Administrator also charges one-off fees for any specific additional work a party requests. These fees are always clearly explained before you commit to them. Examples include:
In all cases the Administrator can only charge an at-cost fee — Passive Partnerships is a non-profit.
GST is not charged on the occupancy fee or top-up payments (exempt supply). GST is charged on the Administration Fee. For why these fees are a fraction of a bank or a landlord, read how we keep the fees so low.