July 2015 Income Report
It’s been a year since I purchased my first house!!
Quick summary of the past year and my real estate investing achievements:
- July 2014 – purchased house #1
- November 2014 purchased house #2
- April 2015 purchased house #3
Last month was my first moth for collecting 3 full rent payments from my tenants (something my property manager does of course) and this month was no different. I received the expected cash flow and the number are identical to last month:
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 | $675.00 |
| Mortgage | -$385.00 |
| Insurance | -$26.5.00 |
| Taxes | -$70.41.00 |
| Management | -$67.5 |
| Cash flow | $125.59 |
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