Whoa, that took seemingly forever. Finally my last bill (it's always the water bill controlled by the HOA) came in so I can finally tally this months expenses and income. Here's how it looks:
Natural Gas - $30.89
Electricity - $51.22
Water - $27.47
Other expenses:
Cable/WiFi - $54.59
Telephone - $45.75
Insurance - $22.42
Condo Fees - $125.00
Mortgage + Property Tax - $696.32
Total August '09 Expenses:
$1,053.66
Rent collection from roommates:
$1,650.00
Monthly Surplus:
$596.34
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This month's rental income was CRAZY, I have a young couple in their early 20s going to university paying $715 collectively just for the master bedroom, a guy in his mid 20s paying $455/month for the middle room and an older man in his late 50s paying $480 for the 'reject room' which includes the only parking stall. Talk about a cash cow! Mortgage was decelerated back to normal as winter is starting to set in. I live in the basement for FREE!
No foreseeable rent increases for a while... I just want to nurture what I already have! $1650/month = $2.29/hour.