Fans win in baseball's new labor deal. Free agency brought millions to players. Even adjusted for inflation, Flood's $90,000 salary in 1969 would be less than $479,183 in today's dollars. That's about a fifth of the league average for players today and a small fraction of what players of his caliber get paid currently.
The 1 Percent Rule. One popular rule of thumb says that one percent of the purchase price of your home should be set aside each year for ongoing maintenance. For example, if your home cost $300,000, you should budget $3,000 per year for maintenance. That doesnât mean youâll literally spend $3,000 every year.
The percentage estimation method will tell us that the well maintained house should have an annual maintenance budget of $4,000 (2% of $200,000), but the run-down house only needs $3,000 per year (2% of $150,000). This is clearly incorrect, since itâs very likely that the cheaper house will need more maintenance.s a home owner, Iâve seen various methods of estimating annual home maintenance costs. These methods involve calculating a percentage of your home value â usually between one to four per cent, and using that value as the annual maintenance estimate.