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Annual Report for 2023

Comprehensive overview of the property's financial performance and other key metrics for the year 2023.

Month Total Income Total Expenses Net Profit/Loss
January£4,000-£500£3,500
February£3,800-£450£3,350
March£4,200-£550£3,650
April£3,900-£400£3,500
May£4,100-£600£3,500
June£3,700-£300£3,400
July£4,000-£500£3,500
August£3,800-£450£3,350
September£3,900-£350£3,550
October£4,000-£400£3,600
November£3,950-£420£3,530
December£4,150-£480£3,670
Total Annual Income £54,000
Total Annual Expenses -£6,000
Net Annual Profit/Loss £48,000
Average Occupancy Rate 95%

Total Annual Income

£54,000

Total Annual Expenses

-£6,000

Net Annual Profit/Loss

£48,000

Average Occupancy Rate

95%

Yearly Insights

An analysis of the year's performance shows a steady increase in rental income, with expenses remaining within expected ranges. The high occupancy rate reflects the property's appeal in the market.