by David | Jun 1, 2015 | Income Report
This month is my first income report which includes my three rental properties. The income for property #3 is only for the last few days of the month since I purchased the property on April 29th. Next month we’ll see the full income for all three.
This month, was all “passive”. I had no problems with my properties and everything has been smooth sailing. Here’s the breakdown for each property.
House A
| Item |
Amount |
|---|
| Rent |
$795.00 |
| Mortgage |
-$316.67 |
| Insurance |
$0.00 |
| Taxes |
$0.00 |
| Management |
-$79.50 |
| Cash flow |
$398.83 |
House B
| Item |
Amount |
|---|
| Rent |
$725.00 |
| Mortgage |
-$413.49 |
| Insurance |
-$30.58 |
| Taxes |
-$72.68 |
| Management |
-$72.50 |
| Cash flow |
$135.75 |
House C
| Item |
Amount |
|---|
| Rent |
$22.50 |
| Mortgage |
$0.00 |
| Insurance |
$0.00 |
| Taxes |
$0.00 |
| Management |
-$2.25 |
| Cash flow |
$20.25 |
Total for May
| Item |
Amount |
|---|
| Rent |
$1,542.50 |
| Expenses |
-$987.76 |
| Cash flow |
$554.74 |
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