In the works now, kids are in bed, bookkeeper is at my home office, Christmas music is playing in the background! We did very well this year, still coming up with all the figures but overall we are well into positive cash flow despite some very significant expenses this year.
Here is the breakdown of everything for the four unit property.
This is a fairly new building from the management perspective, started out in 2012 and NOBODY would lend for it. I still remember all the bankers laughing at me because of the risk and the nominal returns. Well, only a few years later here we are with the 2015 Profit and Loss Statement. See below.
Feel free to comment if you have any questions.