Annual Budget Worksheet Template
ADVERTISEMENT
1annual budget worksheet
year _________
INCOME
rent
$______/month x 12
$
EXPENSES
property
apartment's
as a whole
___share*___
advertising
= $
maintenance
$ ________ x _______%* =
insurance
________ x _______%
=
legal, accounting or other professional fees
________ x _______%
=
loan repayments (from construction of apt)
=
repairs
________ x _______%
=
supplies
________ x _______%
=
taxes
________ x _______%
=
utilities:
fuel (heat or cooking) if paid for apt by you
________ x _______%
=
electricity if paid for apt by you
________ x _______%
=
other:
__snow removal_____________________
________ x _______%
=
__water and sewer__________________
________ x _______%
=
__reserve for replacements/repairs__
________ x _______%
=
__rent loss due to vacancy (c. 5%)___
= ________
TOTAL EXPENSES
-_________
PROFIT OR LOSS
$
___________
* An accepted way to calculate an apartment's share of a property's operating expenses is to divide
the area of the apartment in square feet by the total inhabited area of the house and then apply
that percentage to each of the property's operating expenses. For example: If the apartment
occupies 600 square feet in a 2,000 square foot house, and the annual property tax is $3,800,
then the apartment's share of the tax cost is 600/2,000 or 30% of $3,800 = $1,140.
10-06
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial