$/Unit% of EIAnnual $
Gross Incomehide
1 Bedroom Units (10 units)$5,023.4019.6%$50,234
2 Bedroom Units (32 units)$6,279.3178.6%$200,938
Laundry$109.401.8%$4,595
Total Gross Income$6,089.69100.0%$255,767
Less: Vacancy & Credit Loss$304.485.0%$12,788
Effective Income$5,785.1995.0%$242,978
Less: Expenseshide
Property Taxes$488.958.0%$20,536
Insurance$91.171.5%$3,829
Pool$36.480.6%$1,532
Gardener$22.790.4%$957
Utilities$160.292.6%$6,732
Resident Manager$303.885.0%$12,763
Maintenance$97.241.6%$4,084
Reserve$97.241.6%$4,084
Miscellaneous$36.480.6%$1,532
Management Fee$289.264.8%$12,149
Total Operating Expenses$1,623.7426.7%$68,197
Net Operating Income$4,161.4568.3%$174,781
Less: Debt Service$3,109.1251.1%$130,583
Net Operating Cash Flow$1,052.3617.3%$44,199
Taxable Income and Taxes