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).
A 8 %
of gross rents collected, only when the rents are collected and $ 40.00 per unit per month for landscaping, snow removal, winter salt initiation, exterior trash removal, etc. $ 50.00 per month for Single Family Dwellings.
Furthermore, the tax rates and regulations on rental income are pretty relaxed: tax is charged at a low 1.75 % of
the gross rents collected.
Landlord Goals for 2012 December 2012
gross rent collected to...
All the fees added up can in some cases exceed 100 % of
gross rents collected.
Remember our hypothetical property manager manages 400 properties, at 8 % of
gross rents collected.