Reviewing numbers

[Peter Mckernan]

Hello everyone,

I was reviewing my first deal and the numbers to see how it has done over the past year. I went into the deal not knowing too much and not assessing how the investment would produce, since I was very new to the concept of buy and hold real estate. I am still no where near being a pro, but I wanted to see what everyone thought. Let me know your thoughts.

Maintenance including gardener: -$1502

Taxes: -$2405.77

Insurance: -$723.00

Mortgage: -$12,156

Vacancy factored in for one month out of the 12:-$1850.00

Gross Income:$22,200

NOI Annually:$3,563.23

NOI Monthly:$296.94