$/Unit% of EIAnnual $
Gross Incomehide
1 Bedroom Units (10 units)$5,815.3019.6%$58,153
2 Bedroom Units (32 units)$7,269.0978.6%$232,611
Laundry$126.641.8%$5,319
Total Gross Income$7,049.57100.0%$296,082
Less: Vacancy & Credit Loss$352.485.0%$14,804
Effective Income$6,697.1095.0%$281,278
Less: Expenseshide
Property Taxes$518.887.4%$21,793
Insurance$105.521.5%$4,432
Pool$42.210.6%$1,773
Gardener$26.380.4%$1,108
Utilities$196.362.8%$8,247
Resident Manager$351.795.0%$14,775
Maintenance$112.571.6%$4,728
Reserve$112.571.6%$4,728
Miscellaneous$42.210.6%$1,773
Management Fee$334.864.8%$14,064
Total Operating Expenses$1,843.3626.1%$77,421
Net Operating Income$4,853.7468.9%$203,857
Less: Debt Service$3,109.1244.1%$130,583
Net Operating Cash Flow$1,744.6424.7%$73,275
Taxable Income and Taxes