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Expenses

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posted:
11/13/2011
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147 E Susitna St - Expenses:Utilities/Taxes/Insurance

Item Average Monthly Annual Expense # Wks Owned

Pacific Power $45

Garbage $20

TV/Internet/Phone $128

Water/Sewer $37

Property Tax $250

Insurance $40

Gas $30

Orkin $20

Web Marketing $40

Total $610

Per 1/6 Share Utilities $102 $1,220

Per Share-Maint $83 $996

Per 1/6 Share Total Exp $185 $2,216 8.25 (leaves 2 wks maint.)





Per 1/4 Share Utilities $153 $1,830 12.5

Per Share Maint $125 $1,500

Total 1/4 Share Total Exp $278 $3,330



Income Opportunity

Est. Rental Income/wk Peak: $1500/wk

(conservative estimate) Off Peak $1000/wk

Plan on ~ 30% rental occupancy first couple years & subtract ~10% management fee

If you have 8 wks, and use 2, anticipate at least 2 of the six remaining weeks may be rented netting $2-3,000 income.

I'm hoping to have a higher percentage of rentals over time, but it will not likley go over 50% of available weeks



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