FIRST RENTAL PROPERTY

[John Calafato]

HELLO

IAM ABOUT TO PURCHASE MY FIRST RENTAL PROPERTY.IT IS A MULTIFAMILY UNIT IN A NICE TOWN.I HAVE USED THE BP RENTAL CALCULATOR TO SEE WHAT MY PROFITS WILL BE,BUT                  I JUST WANTED TO ASK BESIDES MORTGAGE ,PROPERTY TAXES,HOMEOWNERS INSURANCE,UTILITIES FOR COMMON AREAS,WATER,SEWER AND PROPERTY VACANCIES.

WHAT ELSE AM I MISSING EXPENSE WISE TO TAKE FROM THE RENTAL PROFITS THAT WILL BE A MONTHLY EXPENSE TO MYSELF

THANK YOU 

JOHN