Total Profit Rentals
Total Profit Rentals
Definition:
Total profit rentals are the money a landlord makes after paying all the expenses associated with renting out a property. It is calculated by subtracting the total expenses from the total rental income.
Formula:
Total Profit Rentals = Total Rental Income - Total Expenses
EXAMPLE
EXAMPLE
For example, if a landlord has a total rental income of $10,000 and total expenses of $5,000, their total profit rentals would be $5,000.