Money Clip
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Money Clip

How Much My Rental Property Made in 2020

It’s under $500 and why that’s okay

Photo by BP Miller on Unsplash

Maintenance

Utilities

Property Insurance

Property Taxes

Mortgage Interest

Mortgage Principle

Property Management

Revenue

So if you are following along with the math, you’ll notice my expenses almost equal my revenue. For a rental property, it’s a far from ideal situation.

But it worked out.

If I had kept this property, I would do the following to make it a more ideal, cash-flowing investment:

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