Sentences with phrase «if gross rent»

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.

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.

For example, if the gross rents are $ 2,200 per month x 4 % = $ 88 per month reserved.

Not exact matches

«If you analyze the price of a product, it has four components: gross profit, marketing cost, head office cost, and rent, and so a business can't change its DNA.

I think you should include your real estate income as part of your passive income if it's your cash flow and not gross rents.

Applicants must bring the following documentation to the outreach: 1) Proof of gross income received within the last 30 days for all household members a) Wages: If paid weekly, last four (4) paystubs b) Wages: If paid bi-weekly, last two (2) paystubs c) Award letters, if applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bilIf paid weekly, last four (4) paystubs b) Wages: If paid bi-weekly, last two (2) paystubs c) Award letters, if applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bilIf paid bi-weekly, last two (2) paystubs c) Award letters, if applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bilif applicable (Social Security, Pension, Unemployment, Workers Comp, Disability, etc.) d) Yearly statement of interest received (savings, checking, CDs, money market account, etc.) e) Dividend proof (stocks, bonds securities, etc.) 2) Social Security numbers for all household members 3) One (1) form of ID for all household members (birth certificate or Social Security card or driver's license or school ID, etc.) 4) Proof of residency (utility bill, Rent / lease information or mortgage statement) 5) Current heat and / or electric bill.

Prof. Dankofa, among other things, in suit KDH / KAD / 236 / 2018 is praying the court to «declare that the action of the respondents (Kaduna State Government and Kaduna Geographic Information Service, KADGIS) in arrogating to themselves the power to punitively sanction the Applicants (Hunkuyi and his Company, Muna Investment Ltd) property, even if the Applicants were purportedly in default of payment of either ground rent or land use charge or for any other reason constitute a gross violation of Applicant Fundamental Human Right guaranteed under section 43 (1) and 46 (1) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and therefore illegal, unconstitutional, null and void.»

If you have any retail operation experience, you realize that a gross profit margin of 50 percent can quickly get eaten up by overhead expenses (rent, staffing, utilities, etc.).

For instance, if the building has four units renting for $ 900 a month each, expenses that eat up 50 % of your gross income, and a cap rate of 7.5 %, you can quickly calculate that you should pay about $ 290,000 for the building, tops.

The median gross rent is just $ 941, and if you factor in maintenance, taxes, and homeowners insurance, it's far cheaper to rent even when you're paying for Colorado Renters Insurance as well.

Monthly payments for approved credit (mortgages, rent, car loans, credit cards and other forms of credit) that do not exceed 40 % of gross monthly income (if a mortgage or rent is not included, debt - to - income ratio can not exceed 25 %).

The median gross rent for Chandler still hovers around $ 1,100 a month, which is a steal for the area — especially if you have a roommate.

If your able to rent paying 25 % of your gross income.

The gross debt service ratio (GDSR) is the percentage of the total of annual mortgage Ratio (GDSR) payment (principal, interest, taxes, heat and half of condominium common element costs, if applicable, plus secondary financing payment and ground rent if applicable) relative to annual household income.

Monthly payments for approved credit (mortgages, rent, car loans, credit cards and other forms of credit, including this loan application) that do not exceed 40 % of gross monthly income (if a mortgage or rent is not included, debt - to - income ratio can not exceed 25 %).

If you are co-owners, then the gross rent is allocated to each co-owner according to each person's share of invested capital.

30 % of the total gross income used to qualify the borrower for the mortgage may be from boarder revenue if: the individual (s) has lived with and paid rent to the borrower for the last 12 months, the boarder can provide appropriate documentation to demonstrate a history of shared residency (a copy of an official document (s) showing the boarder's address as being the same as the borrower's), and documentation of rental income for at least 9 of the most recent 12 months (averaged over 12 months).

«Her shelter costs are just 36 % of gross income — or 25 % if she keeps her tenant and applies the rent money to her mortgage — so she's not paying too much for shelter,» says Forward.

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).

If instead NG was abolished, your income from the rental would be zero (as you would deduct $ 10,000 of your expenses from the $ 10,000 gross rent), and the remaining $ 5,000 in expenses you would carry over to when you start actually making a positive income from your rent.

DTI is the percentage of a consumer's gross income that goes toward paying all recurring debt payments, including rent, mortgage, credit card payments, car loan payments, student loan payments, and legal judgments (such as child support or alimony, if disclosed).

The gross rent that I get is about 150 % of the escrow payment (if you include the final price of the house fixed up for a 15 year loan.)

Taxable income from rent = gross rent collected minus expenses (taxes, insurance, depreciation, repairs / maintenance, prop mgmt if not taken from gross, utilities, etc).

Typically, we consider a small animal practice to be financially healthy if the bottom line profitability (after appropriate adjustments including fair rent and fair owner salary, among others) is 14 - 18 % of gross.

They also sell snorkeling gear if the idea of renting old gear grosses you out.

If it can be proven that the rental car was rented out with serious mechanical malfunctions that weren't disclosed and contributed to the accident, they would be guilty of gross negligence and potentially on the hook for damages if someone was injured as a resulIf it can be proven that the rental car was rented out with serious mechanical malfunctions that weren't disclosed and contributed to the accident, they would be guilty of gross negligence and potentially on the hook for damages if someone was injured as a resulif someone was injured as a result.

The defendant submitted that the words «or such part of it as is reasonable in the circumstances» gave it a discretion which enabled it to allow against gross income only such part (if any) of the rent as had been paid during the relevant month or other period adopted by it.

I own a triplex in Ottawa myself (in Vanier); the market is currently between $ 250,000 and $ 350,000, if you are lucky (as a real estate agent, I hope you're educated enough to know about http://realtor.ca), so you need between $ 80,000 to $ 100,000 in cash to acquire, and then they rent out for a gross (GRgross (GROSSGROSS!)

If you are finding good enough deals to hit these numbers, then I think you're fine, but it would take around $ 1,200 of gross rent in your given situation here, to hit 1.75 DCR.

As a risk management step, it makes sense to ensure that each property has a minimum $ amount of cash flow that you're comfortable with (using 50 % expense guideline), and has a Gross Rents:P & I ratio that is healthy (at least 3.50, possibly 4.00 if you're a bit more conservative).

If you could get to 60 houses in 8 years that have a gross profit (rent minus PITI) of 400 / mo or more, you should be able to hit 400k a year in 25 years...

«Most triple - net industrial tenants look at the gross rent number to occupy space, so you'll be able to charge a slightly higher rent if your expenses are lower.»

If you take in a renter paying more than 30 % of their gross income in rent, and a sub-600 credit score, you are a fool.

If your net income happens to be half or more of your gross rents, what you are doing seems to be working well.

Second is if 1 tenant of 10 moves... the gross rent increases more than pays for that 1 unit's turnaround costs just in a single month or two.

The percentage rent listed above is typical of retail leases and represents an agreed percentage of the tenant's gross sales receipts, only if these exceed a pre-determined level.

If expenses, capital and vacancy are 50 % of that, you're left with an NOI of 6 % of gross scheduled (market) rents.

Real estate IRA veterans know that if prices get too far ahead of rents, driving gross yields down, bad things happen.

Instead, if you hire a professional management company, you will pay a portion of your gross rent every month whether anything needs to be done that month or not.

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.

If you were using the gross rent multiplier alone as your criteria for evaluation, you'd probably discard this property and move on.

If we have in mind a typical Gross Rent Multiplier for properties similar to the property under consideration that sold recently in the local market we can make a preliminary assessment as to whether the asking price is high or low compared to prevailing market prices.

If there aren't releasing costs and it's a straight percentage of gross (collected) rents you could figure it out pretty easily.

For example, in some places, borrowers can add $ 750 to their gross monthly income if they are receiving a rent of $ 1,000.