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Updated over 8 years ago on . Most recent reply

Arthur D.'s profile image
Arthur D.'s profile image
Arthur D.
  • Investor
  • from Brooklyn, New York
  • Member since Feb 26, 2014
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User Stats

92
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11
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Arthur D.'s profile image
Arthur D.'s profile image
Arthur D.
  • Investor
  • from Brooklyn, New York
  • Member since Feb 26, 2014
Connect
Arthur D.
  • Investor
  • Brooklyn, NY
11
Votes |
92
Posts
Real Estate Deal Analysis & Advice

My first rental 1yr. Update

Arthur D.
  • Investor
  • Brooklyn, NY
Posted
So, I'll make this quick. I just did the numbers for the year. Rent - +$12,600 Mortgage - - $4,800 Taxes, ac/furnace replacement, other repairs. - $11,349 Total loss- - $3,549 I had to replace the ac and the furnace they were17yrs old. $6500 if it wasn't for that i would have a profit of over $3000.
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