Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 6-9. Monthly Rental Receipts per Housing Unit, Rental and Vacant 5- to 49-Housing-Unit Mortgaged Properties
^Number of mortgaged properties.
For information on confidentiality protection, sampling error, nonsampling error, and definitions, see text.
For minimum base of derived figures (percent, median, etc.) and meaning of symbols, see text.
Properties acquired before 2000 excludes properties with less than half of units in rental market during all of year preceding survey and cooperatively owned apartments^^

		Monthly rental receipts per housing unit
	Total	Less than $100	$100 to $199	$200 to $299	$300 to $399	$400 to $499	$500 to $599	$600 to $799	$800 to $999	$1,000 or more	No rental receipts	Median (dollars)
5- to 49-housing-unit properties with a traditional first mortgage	290542	23612	30960	40361	41346	39257	32358	35288	12758	30596	4007	418
PROPERTY CHARACTERISTICS Year Property Acquired 1999 to 2001 (part)	74669	9243	11482	9702	10298	7564	6704	5424	1986	8872	3394	351
1997 and 1998	43473	1256	4525	7712	6466	6553	5708	5867	2254	2843	287	425
1995 and 1996	26674	1499	2606	3795	3724	5843	2859	3864	608	1876	0	429
1990 to 1994	47429	4755	5364	5372	7533	8267	4453	6228	1532	3924	0	408
1985 to 1989	40540	3121	2941	5237	7555	4296	5005	7032	1206	4094	54	432
1980 to 1984	22088	2496	1015	3172	1718	2056	2743	3107	1934	3847	0	521
1975 to 1979	16890	631	839	2215	3607	2365	2696	2083	955	1500	0	449
1970 to 1974	12257	429	1652	2302	395	1177	1149	920	1445	2515	273	503
1969 or earlier	6524	182	537	853	49	1136	1041	763	838	1126	0	549
Year Structure Built 1999 to March 2000	13398	1222	2562	1419	1009	1343	1441	1116	342	2332	611	413
1997 and 1998	7942	680	739	1324	697	861	1415	431	463	1333	0	462
1995 and 1996	6120	462	279	411	1245	1435	508	688	216	877	0	446
1990 to 1994	16105	1251	2850	1908	2777	1907	1436	2714	392	804	68	372
1980 to 1989	38939	3823	2400	6462	5798	3511	3978	6111	1549	5306	0	428
1970 to 1979	47794	4768	4667	6179	7700	8368	4791	4629	1750	4499	442	404
1960 to 1969	47222	2804	7459	4533	5859	6303	6058	6707	2578	4817	104	446
1950 to 1959	25482	1176	2115	3188	4996	4247	2467	2376	715	3915	287	426
1940 to 1949	17783	2516	1318	3413	1492	2434	2196	2513	908	993	0	406
1939 or earlier	69757	4912	6571	11524	9772	8847	8068	8003	3845	5719	2496	410
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	106468	9185	14000	14915	15226	13814	12088	10582	4160	9194	3304	389
Less than $20,000	23048	5818	1247	5713	3923	1620	1304	349	55	753	2266	258
$20,000 to $39,999	38050	3165	9072	4136	7333	7559	2805	2383	263	928	407	333
$40,000 to $59,999	21920	40	3646	3810	1780	2647	4543	4285	618	483	68	462
$60,000 to $79,999	8203	163	35	1249	1742	635	1272	1494	1244	306	63	519
$80,000 to $99,999	5772	0	0	0	50	517	303	1338	1637	1928	0	883
$100,000 to $124,999	3416	0	0	0	0	779	1387	600	0	650	0	567
$125,000 to $149,999	1637	0	0	8	398	57	273	81	125	694	0	802
$150,000 to $174,999	647	0	0	0	0	0	0	0	0	647	0	500500
$175,000 to $199,999	591	0	0	0	0	0	0	0	44	220	327	400700
$200,000 to $249,999	692	0	0	0	0	0	0	0	174	518	0	332513
$250,000 to $299,999	447	0	0	0	0	0	0	52	0	395	0	435142
$300,000 to $499,999	297	0	0	0	0	0	0	0	0	297	0	500500
$500,000 or more	1377	0	0	0	0	0	0	0	0	1377	0	500500
Median	35769	15788	32683	28436	30064	33991	48073	51944	78383	107708	13820	...
Mean	52638	17305	30545	31923	34577	40191	52120	57307	80420	191566	37845	810
Other properties	184074	14427	16960	25445	26120	25442	20270	24706	8598	21402	704	434
Rental Receipts as Percent of Value@8 Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than 5 percent	6986	2071	634	1451	402	914	776	478	0	260	0	254
5 to 9 percent	85839	12978	17429	15066	9195	5239	5567	7119	3854	9392	0	283
10 to 14 percent	72756	1052	2035	8679	11564	14524	10642	13906	5069	5285	0	490
15 to 19 percent	39783	199	1876	4574	8656	9453	5856	5525	1477	2167	0	449
20 to 24 percent	13397	320	29	1078	1898	3059	2811	2286	450	1466	0	511
25 to 29 percent	6283	0	91	1262	1139	914	1095	1080	321	380	0	471
30 to 39 percent	4486	154	43	741	785	360	593	736	236	839	0	527
40 percent or more	9888	0	42	143	950	828	512	1029	158	6225	0	206634
Median	12	7	8	10	13	14	14	13	12	13	0	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than 1.0 percent	35725	1620	1341	4960	2221	4863	3942	7398	2950	6429	0	572
1.0 to 2.9 percent	34410	0	562	1009	5116	5538	6267	8505	2582	4832	0	579
3.0 to 4.9 percent	26961	40	891	2337	3031	5200	5392	5293	1529	3248	0	537
5.0 to 6.9 percent	14910	0	259	2847	3484	2867	1616	2302	565	970	0	430
7.0 to 8.9 percent	14046	0	135	1443	3742	4758	1933	521	599	915	0	436
9.0 to 10.9 percent	11622	73	890	1286	3005	3382	1400	735	264	588	0	416
11.0 to 12.9 percent	5329	78	558	1888	1122	647	652	374	0	10	0	313
13.0 to 14.9 percent	4774	173	379	891	1144	844	707	518	0	119	0	383
15.0 percent or more	27097	3299	4107	8496	4666	2501	1311	1423	147	1146	0	272
Not reported or not computed	65400	11608	13057	7838	7059	4691	4633	5090	2929	7757	738	298
Median	4.3	31.9	12.7	9.0	7.0	4.9	3.5	2.4	2.1	2.1	0.0	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	171160	12102	17592	25574	25661	25535	19228	20100	8256	13896	3216	412
Limited partnership	46741	5276	4127	5720	7282	5788	3724	4843	1345	8382	253	414
Joint venture	3403	317	314	55	426	1200	270	610	0	149	62	447
General partnership	16178	1220	1833	1680	2320	807	2922	2421	642	2105	226	504
Life insurance company	257	144	0	113	0	0	0	0	0	0	0	89
Depository institution	248	0	0	0	40	0	0	43	0	165	0	250838
Public real estate investment trust	565	0	170	203	34	127	0	0	0	31	0	255
Private real estate investment trust	204	0	53	84	0	0	0	67	0	0	0	258
Corporation - other than real estate investment trust	34637	3533	3236	4854	3440	4300	5051	5020	1814	3201	188	450
Housing cooperative organization	1259	389	255	38	16	0	146	89	131	194	0	194
Non-profit or church-related institution	6571	105	2018	472	1149	708	484	500	256	879	0	360
Pension fund	0	0	0	0	0	0	0	0	0	0	0	0
Fraternal organization	8	0	0	0	0	8	0	0	0	0	0	450
Other	9312	524	1361	1566	979	783	533	1595	315	1594	63	425
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	256278	20257	27597	36959	35676	35215	28328	31341	11788	27727	1392	420
2 mortgages	29490	2476	3363	2466	4872	3304	3418	3584	970	2420	2615	408
3 or more mortgages	4775	879	0	936	798	738	612	363	0	449	0	372
Total Outstanding Debt as a Percent of Value Less than 20 percent	26898	1822	3359	3464	3241	1447	3302	3391	1460	5138	273	499
20 to 29 percent	19928	850	1881	2828	3787	3595	2151	2187	1196	1454	0	417
30 to 39 percent	30062	2034	2908	2910	4918	4396	2932	6008	1104	2566	287	448
40 to 49 percent	40880	2315	3236	5911	5717	4370	4599	6626	1907	6023	178	473
50 to 59 percent	37499	2708	2953	4345	6603	5779	4017	4703	3368	2945	78	436
60 to 69 percent	43849	2525	4884	5837	5670	7073	6271	5627	1707	3608	648	438
70 to 79 percent	27858	2381	4267	4648	3641	5429	2153	2441	965	1889	44	372
80 to 89 percent	18581	2103	2312	3481	3349	2358	2173	1007	586	1211	0	342
90 to 99 percent	19220	3866	2355	2157	2024	2651	1099	1421	289	1032	2327	303
100 percent or more	16790	1900	1502	4041	2195	1768	2648	1263	47	1427	0	343
Not reported or not computed	8977	1107	1304	738	201	391	1014	616	130	3304	172	565
Median	56	66	61	61	54	60	57	49	52	47	92	...
MORTGAGE PAYMENTS AND OTHER EXPENSES Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of inter	286318	23489	30960	40042	40856	38737	31983	33894	12608	29741	4007	415
Less than $100	41013	8061	7314	8942	7227	3671	2062	1609	448	1449	230	256
$100 to $199	79024	8052	11157	12141	15437	13334	7436	6183	1320	1447	2517	345
$200 to $299	63177	2221	6355	8830	9952	11181	9897	9769	1775	3026	171	437
$300 to $399	29951	1058	2681	3941	2947	4608	4697	6239	2716	1063	0	494
$400 to $499	17033	0	243	2033	997	1391	2338	5065	2352	2614	0	660
$500 to $599	10933	488	240	538	776	1606	1534	1425	1816	2447	63	635
$600 to $699	5976	0	0	1218	657	294	547	674	549	2036	0	680
$700 to $799	4594	0	0	0	374	220	113	442	247	2925	273	262124
$800 to $899	3258	0	0	0	0	666	131	45	392	1696	327	137075
$900 to $999	1891	0	419	0	35	0	1176	127	0	133	0	542
$1,000 to $1,249	2541	0	219	26	426	129	308	43	218	1172	0	909
$1,250 to $1,499	2641	364	0	877	491	127	45	0	339	398	0	316
$1,500 or more	11584	523	1083	139	561	867	784	1370	305	5780	172	13791
Not reported	12704	2723	1250	1357	976	642	917	902	130	3554	253	392
Median	227	129	168	186	182	218	261	289	399	651	165	...
Mean	597	369	390	241	300	827	428	561	492	1958	531	681
No regular payments required	4225	123	0	319	490	520	375	1394	150	855	0	641
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	286318	23489	30960	40042	40856	38737	31983	33894	12608	29741	4007	415
Up-to-date, ahead of schedule, or less than 90 days past due	124893	9174	12632	18919	19092	15973	14518	15829	6258	10098	2402	409
Delinquent by 90 days or more	697	0	73	0	0	0	528	0	0	96	0	552
Legal proceedings have begun	481	0	29	0	0	0	451	0	0	0	0	547
Legal proceedings have not begun	216	0	44	0	0	0	76	0	0	96	0	584
Not reported	0	0	0	0	0	0	0	0	0	0	0	0
Not reported	160727	14316	18255	21123	21764	22764	16938	18065	6350	19546	1606	418
Other properties	4225	123	0	319	490	520	375	1394	150	855	0	641
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	286318	23489	30960	40042	40856	38737	31983	33894	12608	29741	4007	415
Less than $100	51345	10696	8380	9712	7443	4069	2632	2446	579	4905	483	265
$100 to $199	75240	7630	10355	11862	14798	12901	6992	5542	1269	1373	2517	344
$200 to $299	65277	2518	6893	8720	11242	11065	9808	9931	1826	3103	171	429
$300 to $399	32110	1232	3128	4072	2999	5128	5521	6251	2716	1063	0	490
$400 to $499	16405	0	132	2327	1054	1500	2338	4530	2047	2478	0	638
$500 to $599	11773	488	352	1079	776	1606	1590	1762	2031	2026	63	598
$600 to $699	6084	38	0	1096	657	294	286	901	549	2263	0	749
$700 to $799	5429	0	0	130	374	220	374	528	305	3225	273	201376
$800 to $899	3275	0	0	0	0	666	131	0	425	1725	327	146825
$900 to $999	1891	0	419	0	35	0	1176	127	0	133	0	542
$1,000 to $1,249	2635	0	219	26	426	129	308	88	218	1221	0	911
$1,250 to $1,499	2512	364	0	877	93	291	45	60	339	444	0	317
$1,500 or more	12342	523	1083	139	959	867	784	1729	305	5780	172	800
Not reported	0	0	0	0	0	0	0	0	0	0	0	0
Median	225	114	169	187	188	222	265	290	397	596	160	...
Mean	590	331	380	241	301	822	423	649	493	1735	523	658
No regular payments required	4225	123	0	319	490	520	375	1394	150	855	0	641
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	226962	14574	21203	31790	33631	34365	26561	29904	11285	22911	738	435
Less than 20 percent	18553	119	1121	2141	2678	2145	1990	3177	945	4236	0	554
20 to 29 percent	25294	79	514	4426	2881	3939	3322	4496	1740	3896	0	524
30 to 39 percent	29531	323	749	1532	4456	5993	3409	6384	1247	5438	0	550
40 to 49 percent	37247	492	1298	3838	6362	7350	5261	6424	3014	3208	0	490
50 to 59 percent	25590	199	713	1725	5466	4536	6142	2552	1796	2462	0	503
60 to 69 percent	18867	140	2551	2458	4561	2285	1323	3229	1014	1306	0	394
70 to 79 percent	12484	656	716	2657	2346	1953	2065	635	644	813	0	394
80 to 89 percent	9337	738	1143	3432	831	1496	745	659	72	222	0	281
90 to 99 percent	4183	479	893	1058	441	879	77	227	58	70	0	268
100 percent or more	45020	11232	11505	8523	3609	3789	2227	2121	755	1259	0	198
Not reported or not computed	856	118	0	0	0	0	0	0	0	0	738	51
Median	51	35712	7947	69	51	47	49	41	46	36	0	...
Other properties	63580	9038	9757	8571	7714	4892	5797	5383	1473	7685	3270	336
Real Estate Tax Per $1,000 Value Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than $5	47303	4070	7242	6177	6160	6073	4289	3205	2589	7211	287	398
$5 to $9	51493	2390	2868	7474	6455	7785	6451	8535	4034	5229	273	483
$10 to $14	51255	1380	6014	7321	7328	7593	7636	9496	2030	2279	178	446
$15 to $19	24607	2750	2457	1386	5785	3507	2760	2566	777	2618	0	399
$20 to $24	22527	2528	1119	4871	3959	2759	2539	3602	497	653	0	369
$25 to $29	12384	125	1397	2555	939	2548	1625	1892	588	714	0	446
$30 to $39	27320	2738	950	2990	3808	5025	1962	2708	921	6217	0	463
$40 to $49	0	0	0	0	0	0	0	0	0	0	0	0
$50 to $59	0	0	0	0	0	0	0	0	0	0	0	0
$60 or more	26	26	0	0	0	0	0	0	0	0	0	51
Not reported or not computed	3360	885	132	221	155	0	591	154	130	1091	0	548
Median	12	15	11	12	13	12	12	12	9	10	6	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than 5 percent	35298	805	1579	3314	3988	5969	3736	3799	1991	10117	0	553
5 to 9 percent	86795	3312	6563	10195	14435	12244	13289	12255	5863	8638	0	473
10 to 14 percent	49229	1607	3340	6781	7415	7711	5774	10712	2343	3546	0	471
15 to 19 percent	31443	1689	4225	6035	5851	5767	2153	3944	962	818	0	364
20 to 24 percent	11274	558	2522	1808	835	2867	929	535	246	973	0	390
25 to 29 percent	6487	203	554	1723	1244	731	1166	512	30	324	0	361
30 to 34 percent	5614	2041	1572	1232	186	0	213	248	0	120	0	149
35 to 39 percent	1470	689	500	49	115	0	0	0	0	117	0	109
40 percent or more	8449	4985	1192	1638	365	0	0	0	0	269	0	85
Not reported or not computed	4216	1003	132	221	155	0	591	154	130	1091	738	538
Median	10	25	14	12	10	10	9	10	8	6	0	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
Property Management Property managed by paid property management company	129207	4979	9002	13999	16937	18896	17306	19824	8491	18976	795	502
Property not managed by paid property management company	139461	11206	16116	23972	22876	19725	14848	14810	3995	9078	2835	374
Not reported	21875	7427	5843	2389	1533	635	203	653	272	2542	377	157
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than $100	5408	402	355	886	678	1172	639	380	628	268	0	433
$100 to $199	9026	212	1152	1113	1203	2224	1081	1284	486	270	0	437
$200 to $299	14707	99	530	2096	3749	3400	1951	2629	76	178	0	426
$300 to $399	15363	412	365	1511	1614	4472	2233	3623	140	939	54	484
$400 to $499	12564	46	319	828	1981	2426	2316	3299	664	686	0	529
$500 to $599	10511	101	113	1062	805	1780	2067	2504	1400	678	0	567
$600 to $699	8122	212	502	755	972	893	2422	1086	301	979	0	530
$700 to $799	5903	0	316	1253	459	968	243	916	1261	486	0	495
$800 to $899	3726	0	49	307	429	386	700	156	1203	496	0	599
$900 to $999	2138	0	0	382	517	137	112	305	332	352	0	529
$1,000 to $1,249	6416	365	0	729	708	741	1362	615	839	1055	0	549
$1,250 to $1,499	2817	0	0	38	188	449	633	567	43	898	0	635
$1,500 to $1,999	3810	0	28	259	387	143	843	685	510	955	0	672
$2,000 to $2,499	1278	0	27	0	0	0	0	490	68	692	0	78001
$2,500 or more	7229	0	0	44	56	47	282	368	129	6303	0	427121
No expenses	88549	4985	8006	13906	16582	14921	9365	10930	2287	7008	560	403
Not reported or not computed	42707	10060	10417	7827	4260	1131	1601	2321	1196	3770	124	210
Median	480	351	270	403	377	363	511	447	727	1674	350	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than $100	5481	556	847	348	1214	942	832	488	0	256	0	382
$100 to $199	14806	683	2136	3080	2764	1869	1244	2323	112	594	0	354
$200 to $299	16557	916	703	2817	2609	3478	1965	2078	652	1340	0	435
$300 to $399	15611	318	1046	3590	2063	4255	2430	1049	436	423	0	419
$400 to $499	14478	140	462	1765	3353	2649	3277	1924	514	394	0	457
$500 to $599	13882	416	1015	2332	2654	2894	1496	1917	438	720	0	418
$600 to $699	11349	83	421	2809	1887	1753	1162	1623	586	1026	0	427
$700 to $799	15288	130	1548	1705	2412	1057	3288	2810	896	1443	0	524
$800 to $899	11047	269	918	804	2330	2427	1139	1319	979	861	0	450
$900 to $999	7296	177	103	851	833	1440	1360	1425	427	680	0	518
$1,000 to $1,249	16101	371	293	944	2857	2788	2444	4388	1448	568	0	533
$1,250 to $1,499	12311	287	80	929	955	2996	2567	2644	1138	715	0	535
$1,500 to $1,999	10309	38	62	459	1311	2303	991	2563	1338	1190	54	596
$2,000 to $2,499	5577	0	122	1200	475	831	334	424	372	1819	0	548
$2,500 or more	15827	76	219	435	132	1066	976	1730	1642	9265	287	162189
No expenses	5319	389	593	941	669	468	543	1146	0	298	273	390
Not reported or not computed	49035	12044	11613	7986	6070	2073	1805	2308	589	4422	124	210
Median	705	324	455	519	572	616	711	811	1078	2120	4064760	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	240274	16893	22180	32995	34589	35290	27852	32159	11565	26014	738	437
Less than $250	27131	1269	1955	4699	5830	4908	3199	3711	582	924	54	396
$250 to $499	50555	1711	2548	8858	9275	8667	6828	6970	3468	2230	0	433
$500 to $749	42694	571	1603	5356	6683	8230	5956	8130	2187	3980	0	487
$750 to $999	23615	467	923	2541	2351	3098	4023	5737	1442	3032	0	560
$1,000 to $1,249	14799	536	380	1420	2360	2157	1904	2119	1435	2489	0	529
$1,250 to $1,499	5724	86	82	175	1323	1065	609	1180	579	623	0	521
$1,500 to $1,749	3459	0	39	255	55	476	1262	434	348	589	0	572
$1,750 to $1,999	2825	80	0	506	426	447	199	549	35	583	0	490
$2,000 to $2,499	2642	48	0	84	0	578	12	0	384	1536	0	140576
$2,500 or more	6779	0	219	0	0	143	112	914	284	5108	0	337082
No expenses	15008	1199	2778	960	2725	3243	1714	743	52	1321	273	389
Not reported or not computed	45043	10926	11652	8140	3560	2278	2034	1672	770	3599	411	198
Median	573	413	438	455	474	540	585	629	651	1038	125	...
Acquired 2000 and 2001 (part)	50268	6719	8781	7366	6757	3967	4506	3129	1193	4582	3270	309