Updated almost 7 years ago on . Most recent reply
Operating expenses calculation
Ok lets say my i pay
100 in taxes
100 in insurance
80 in maintenance
Property manager 120
Hoa 100
Anual vacancy: 1,200
Anual : NOL 7,200
Rent: gross rent 14,400
So my operating expenses are 50%?
NOL 7,200 ÷ 14,400(gross rent) = 0.5 NOL
100 - 0.5NOL = 99.5 operating expenses
Im screwed up. I dont understand wich is one is correct.
Lets see other example
NOL15,643 ÷ 19,800 = 0.79 operating expenses. This example is correct and the other example is not correct or i dont know. Whats wrong with these calculations?