Cashflow Analysis after 656 months of rental data

[Hao Kung]

So I finally decided to take an aggregate look at my numbers instead of year by year slices, since I now have a reasonable number of rental data on my own properties (656 months)

Here's the breakdown of where the rent monies have gone:

Mortgages: 35.8%
Cashflow / Principal Reduction: 29.7%
Property Tax: 11.2%
Mgmt Fees: 8%
Maint/Repairs 7.2%

30% profit seems better than I would have expected, how does this compare to what others are seeing?  Background: I own mostly single family homes in the greater Las Vegas area, I bought mostly in the 2008-2011 time frame...

I primarily focused on absolute cash flow/numbers, ROI, first time I looked at things on more of a profit/rent angle...

[J Scott]

Originally posted by @Hao Kung:

I have 656 months of rental data for my properties combined.    That's not calendar time that's just the the total sum of each month of ownership for every property.   

 Keep in mind that 656 months of data doesn't *necessarily* tell you much...

For example, if you had 656 units with a month of data for each, I'd tell you to throw it out.

If you had 1 unit with 656 months of data, I'd tell you that it was very informative...for that one unit.

If you had 6 units in one area each with 110 months worth of data, I'd consider that pretty significant...for that area.

It sounds like you might have 10-15 units worth of data for 3-6 years.  That's a reasonable start, but it's likely you don't yet have a clear picture of rent loss (have you had any evictions yet?  You will.), capex and even maintenance is probably a good bit lower than it will be in 5-10 years.

Just something to keep in mind...look at the data before you decide how much weight to apply to it...