FREE APPLICATION FEE PROMO CODE ( BLUE) CODE EXPIRES FEB 1ST

Monthly Profit/Loss

  • For rooms rented at $600/month, there is a consistent monthly loss of $735 due to operating costs exceeding income.

  • For rooms rented at $950/month, there is a monthly profit of $315, showing that this scenario is financially viable.

Yearly Totals

  • Operating costs account for a significant portion of the yearly total expenses.

  • Income from rooms rented at $950/month represents the highest share, making it the most profitable scenario.

  • Income from rooms rented at $600/month is smaller and insufficient to cover operating costs.

Key Takeaway:

  • Renting at $600/month results in an overall loss, while renting at $950/month generates a modest profit. Adjusting rental rates closer to $950 ensures operational sustainability and financial gain.

Yearly Profit/Loss Trends:

  1. For rooms rented at $600/month:

    • The total yearly income is $21,600, while the yearly operating cost is $30,420.

    • This results in an annual loss of $8,820 because the income generated is not sufficient to cover the operating costs.

  2. For rooms rented at $950/month:

    • The total yearly income is $34,200, while the yearly operating cost remains $30,420.

    • This leads to an annual profit of $3,780, demonstrating that this rental rate is profitable and can sustain the operational expenses with a surplus.

Conclusion:

The yearly analysis reinforces that renting at $950/month is the more sustainable option, as it results in a net profit, whereas renting at $600/month leads to a substantial annual loss.

As a company, we are committed to transparency, which is why we are opening our financial books for your review. As mentioned on our FAQ page, M.B.A. is dedicated to supporting the community. Over the past two years 23-24, M.B.A. has incurred a loss of $71,000.

We are not funded by any external agencies or supported by additional sources. Despite these challenges, we remain steadfast in our mission to help others afford housing, even at our own expense. Our goal is to make a meaningful impact, striving to give back and support those in need.

We provided information along with graphs to showcase things clearly.

We have 3 rooms overall. This is information is regarding 3 rooms in total.