j***1
发帖数: 158 | 1 MFU complex size between 40-80, is what I would consider Landlord201.
this particular project, 40 units, B location and B condition, bought at
auction, total cost 828k, cash, market value 1.4mil, and 4th year into
operation.
projects with more than 40 units, should use a part time onsite manager,
this will further reduce your workloads and you now more close to semi-
retirement stage.
For year 2014
Total Income 228841.5
Total Expense 136717.14
Net Ordinary Income 92124.36 | j***1
发帖数: 158 | 2 MFU complex size between 40-80, is what I would consider Landlord201.
this particular project, 40 units, B location and B condition, bought at
auction, total cost 828k, cash, market value 1.4mil, and 4th year into
operation.
projects with more than 40 units, should use a part time onsite manager,
this will further reduce your workloads and you now more close to semi-
retirement stage.
For year 2014
Total Income 228841.5
Total Expense 136717.14
Net Ordinary Income 92124.36 | j***1
发帖数: 158 | 3 Year 5, 2015 Operation:
Total Income 231,617.63
Net Ordinary Income 95,559.69 | j***1
发帖数: 158 | 4 Year 7, 2017 Operation:
Total Income 240,214.15
Net Ordinary Income 116,937.93 | j***1
发帖数: 158 | 5 ----------------------
Year 8, 2018 Operations:
Project refinanced, cash out 900k, original cost $828k.
Total Collection 248,515.74
Operating Income (before debt services) 103,138.47
Interest Paid 40,717.39
Net income 62,421.08 | p*t
发帖数: 1210 | 6 zan!
【在 j***1 的大作中提到】
: ----------------------
: Year 8, 2018 Operations:
: Project refinanced, cash out 900k, original cost $828k.
: Total Collection 248,515.74
: Operating Income (before debt services) 103,138.47
: Interest Paid 40,717.39
: Net income 62,421.08
| b******e
发帖数: 3348 | 7 Great. How about the monthly water/sewer bills and others. Do not see you
mentioned above. |
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