The investment house had a good August! We ended the month with a positive net flow and had 38% occupancy for the month. We also had a few extra credit card and had to restock the cleaning supplies. Here’s a quick breakdown!
Expenses
All the normal checking expenses like water, utilities, and cleaning pay all came out as expected. The credit card has some additional purchases at Walmart for cleaning supplies that have all been used. I haven’t had to do this in several months but what can you do!
Total Expenses
My total expenses for August was $590 between the checking and the credit card. This ended up being higher than last month but it was all required items.
Revenue
My revenue this month was $820 and I was happy to see this amount. We did have one cancelation for this month but I was happy the rest of the reservations went well. We did have 38% occupancy for the month. As I’ve said before, I need about 5-7 days of stays to break even and we went over that by about 5 days.
Net Income
The net income ended up at $229. I’m happy to take a positive month and glad everything worked out.
We have a few new things happening over the coming months. We have our first long term stay coming up. We have a few repeat customers who are coming as contract workers. Our reviews continue to be good and we continue to work through a few small problems. Let’s keep the positivity going forward!
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