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EXAMPLE LETTING INCOME SCHEDULE
Property: 35 Limetree Grove, Cambridge
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| Rental Income for the Year |
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| ended 5th April 19... |
...... |
£ 4500 |
EXPENDITURE:
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| Water and Other Rates |
£ 210 |
£ 210 |
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_________ |
_________ |
| Rents (net of rates) |
...... |
£ 4290 |
| Insurance |
£ 190 |
...... |
| Repairs & Maintenance |
£ 310 |
...... |
| Motor Expenses |
£ 20 |
...... |
| Cleaning Materials |
£ 10 |
...... |
| Sundry Expenses (phone, post etc) |
£ 20 |
...... |
| Gardener's Wages |
£ 50 |
...... |
| Other ..(Carpet Cleaning) |
£ 80 |
...... |
| ..................................... |
£......... |
...... |
| ..................................... |
£......... |
...... |
| Management Fees |
£ 500 |
...... |
| Accountancy Fees |
£ 50 |
...... |
| Wear & Tear |
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...... |
| (allow 10% of rents net of rates) |
£ 429 |
£ 1659 |
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| Net Rents |
...... |
£ 2631 |
| LESS Interest paid |
£ 1800 |
...... |
| on mortgage/loan |
...... |
...... |
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| TAXABLE INCOME |
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£ 831 |
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Letting for landlords