Reviewing numbers
Hello everyone,
I was reviewing my first deal and the numbers to see how it has done over the past year. I went into the deal not knowing too much and not assessing how the investment would produce, since I was very new to the concept of buy and hold real estate. I am still no where near being a pro, but I wanted to see what everyone thought. Let me know your thoughts.
Maintenance including gardener: -$1502
Taxes: -$2405.77
Insurance: -$723.00
Mortgage: -$12,156
Vacancy factored in for one month out of the 12:-$1850.00
Gross Income:$22,200
NOI Annually:$3,563.23
NOI Monthly:$296.94
