Sentences with phrase «gross rent less»

I did the math a bit more conservative — 12,000 gross rent less 5 % vacancy = $ 11,400, then take 50 % of that number and you have $ 5,700.

Not exact matches

Business owners calculate how much rent they can afford as a percentage of annual sales — generally, it's less than 10 percent of projected gross revenues, Fetscher says.

The median gross rent is less than $ 750 a month.

With a median gross rent of just $ 990, it's less expensive to live here than in other parts of the state.

Median gross rent in San Francisco is only $ 1,512 which is far less than the mortgage on $ 800,000, not to mention the other expenses that go with owning a home in California.

Chuong, who owns several residential properties in Arizona, set out to find rental homes that cost less than five times the annual gross rent, a situation he says is hard to find in Canada.

Median gross rent is just $ 995 a month, which is slightly less expensive than other parts of the state.

For example, at the moment with NG, if your annual gross rent is $ 10,000 and your total costs including depreciation is say $ 15,000, then you can use the additional $ 5,000 in expenses against your other income and thus reduce the amount of tax you pay for that year (if your marginal tax rate was say 30 % then you would pay $ 5,000 x 0.30 = $ 1,500 less in tax for that year).

With a median gross rent of just $ 990, it's less expensive to live here than in other parts of the state.

The median gross rent is just $ 1,298, which is far less than mortgage, insurance, taxes, and upkeep on even a smaller home in the area.

Median gross rent in San Francisco is only $ 1,512 which is far less than the mortgage on $ 800,000, not to mention the other expenses that go with owning a home in California.

The median gross rent is less than $ 750 a month.

Median gross rent is just $ 995 a month, which is slightly less expensive than other parts of the state.

For example, consider a $ 100,000 property that brings in $ 9,600 per year in net income (net means gross rents collected, less expenses, such as property taxes, insurance, maintenance, and property management).

Monthly operating costs # 2,315 Less voids (vacancies) # 327 (10 % of gross rent) Mortgage # 875 (@ 6 % per annum) Property Management fee: # 393 (12.5 % of gross rent) Insurance # 40 Maintenance # 160 Council tax # 120 Utilities # 400 (Gas, Electricity, Internet, Refuse & Water)

People routinely buy at 15 - 18 % gross in «nice» neighborhoods, but lower neighborhoods you won't make a penny if your gross rent is less than 24 %, due to the higher maintenance and greater tenant issues.

I believe it is «cleaner» to calculate net operating income as gross rent income less OPERTING expenses (not loan) to get net operating income.

The Brattleboro Area Affordable Housing group figures that if gross rent will recover the out - of - pocket costs in less than five years, an apartment is worth considering, especially if the owners can apply the rent to property taxes and insurance rather than repaying money borrowed for the work.

That usually means they have a gross annual yield of at least 8.5 %, a gross rent multiplier of less than 12, and a cash flow of at least $ 5,000 annually (with 25 % down and 5 % interest).

Net Rent — The theoretical maximum income that a building could produce (the Gross Rent) less an allowance for vacant units.

Apartment buildings in beach communities can sell for 15 - 30 x's gross rents, while buildings in Hollywood, where there is more supply and less demand relative to an LA Beach Community, may only command 12 - 18 x's gross.

Under the test, a building is generally a qualified low - income building if at least 20 percent of the units are both rent restricted and are occupied by tenants whose income is less than or equal to 50 percent of area median gross income.

The housing assistance maximum is calculated by taking the lesser of the area's payment standard minus 30 % of the family's monthly adjusted income or the gross rent for the unit minus 30 % of monthly adjusted income.

You may collect $ 15,000 in gross rents, but after you subtract taxes, interest, insurance, maintenance, tenant screening fees, your CPAs fee (yes, that's deductible, at least in part), utilities, etc., etc., etc and then you subtract the depreciation (which is not actually money out of your pocket), the NET rental income will be much less.

For less than $ 300k you can find a multifamily property here with gross annual rents above $ 35,000.

Net Operating Income: A property's gross income (scheduled rents and 100 % vacancy factor) less its total annual expenses (including management costs, utilities, services, repairs, a vacancy factor and a credit loss factor) plus any additional other income (vending machines, coin laundry operations, etc.).