Renting
This list gives you some idea of how your rental income versus your costs.
Income from renting rarely covers your entire financed mortgage.
The following example covers a home in a good neighborhood, located on water without gulf access
l |
|||||||||||||
| Location | Freshwater Canal | ||||||||||||
| Size | 3/2, 2,000 sf, Pool electric pool heater | Occupancy Rate % | 63,29 | ||||||||||
| Investment Total $ | 300,000.00 | Avg Rent per Day $ | 110,00 | ||||||||||
| Furniture, House Hold Items $ | 25.000,00 | ||||||||||||
Hausbetriebskosten $ |
Jan. | Feb. | Mar. | Apr. | Mai | Jun. | Jul. | Aug. | Sep. | Oct. | Nov. | Dec. | TOTAL |
| Marketing Start Up Costs | 425 |
425 | |||||||||||
| Power | 220 | 220 | 220 | 198 | 188 | 188 | 188 | 198 | 198 | 198 | 188 | 220 | 2.424 |
| City Water | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 720 |
| Müllabfuhr | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 456 |
| Telefon, Internet | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| TV | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 1.320 |
| Property Management incl. Pool & Lawn Care | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 3.720 |
| Pest Control | 35 | 35 | 35 | 35 | 35 | 35 | 210 | ||||||
| Repairs & Maintenance | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 1.200 |
| TOTAL | 1.298 | 838 | 873 | 816 | 841 | 806 | 841 | 816 | 851 | 816 | 841 | 838 | 10.475 |
| Days per Month | 21 | 28 | 31 | 30 | 14 | 14 | 21 | 21 | 14 | 5 | 14 | 21 | |
| Rent per Day $ | 2.310 | 3.080 | 3.080 | 3.300 | 1.540 | 1.540 | 2.310 | 2.310 | 1.540 | 550 | 1.540 | 2.310 | 25.410 |
| Real Estate Tax $ | 3.750 | 3.750 | |||||||||||
| Insurane $ | 2.300 | 2.300 | |||||||||||
| Total +/- | -1.288 | 2.242 | 2.207 | 2.484 | 699 | 734 | 1.469 | 1.494 | 689 | -266 | 699 | -2.278 | 8.885 |
| BMI International, Germany | |||||||||||||