January Financials
Total Revenue - $87,237
Unit 1 - $8,646
Unit 2 - $10,526
Unit 3 - $14,385
Unit 4 - $10,572
Unit 5 - $15,518
Unit 6 - $10,172
Unit 7 - $8,376
Unit 8 - $9,080
Expenses
Rent: $32,697
Utilities/Bills - $5,086
Employee - $2,725
VAT (5%) - $4,364
Cleaning - $6,948
Maintenance - $1,308
VA’s and Software - $937
Tourism Tax - $1,308
Net Profit - $31,864
8 fully active apartments this month. Profit is pretty much on par with what I expected. Some apartments are doing a little better, others a little worse. Keep in mind that I have invested a lot of money to set this up, and I am not including that initial investment in the monthly profit statement. I do include a maintenance budget that should cover maintaining and replacing furniture as it wears out over time.
Total Revenue - $87,237
Unit 1 - $8,646
Unit 2 - $10,526
Unit 3 - $14,385
Unit 4 - $10,572
Unit 5 - $15,518
Unit 6 - $10,172
Unit 7 - $8,376
Unit 8 - $9,080
Expenses
Rent: $32,697
Utilities/Bills - $5,086
Employee - $2,725
VAT (5%) - $4,364
Cleaning - $6,948
Maintenance - $1,308
VA’s and Software - $937
Tourism Tax - $1,308
Net Profit - $31,864
8 fully active apartments this month. Profit is pretty much on par with what I expected. Some apartments are doing a little better, others a little worse. Keep in mind that I have invested a lot of money to set this up, and I am not including that initial investment in the monthly profit statement. I do include a maintenance budget that should cover maintaining and replacing furniture as it wears out over time.
subleasingdubai
2024-04-16 23:10:20