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% |
£54,000
-£6,000
£48,000
95%
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.