Passive Income In Year 2 or 3 on Rental Properties

[Damon Snyder]

I have been buying single family homes for rentals the last 7 years.  The question I have is everyone always talks about all the passive losses that come with properties.  I typically experience a loss only the first year or two.  After that my properties are no longer producing tax passive losses.  Is this normal?  I  write off depreciation over 27.5 years, interest on mortgage, county taxes paid, insurance premiums paid, and all expenses for repairs.  

Here a typical property in year 2 or 3 on schedule E of tax return.  

Rents received $7,211

Auto expense ($175), maintenance ($98), insurance ($620), mortgage interest paid to banks ($1670), repairs ($962), taxes ($539), depreciation ($1908).  

Total expenses $5,972.

Passive income $1,239.

Is anything missing.  I guess this is a good problem but want to make sure I'm not missing anything.  Again, I tend to only have a passive loss for a year or two at most before my properties show income.  Is this normal?