Residential Finance Survey

Residential Finance Survey: 2001 - United States
Table 7-9. Monthly Rental Receipts per Housing Unit, Rental and Vacant 50-or-More-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)
50-or-more-housing-unit properties with a traditional first mortgage	61105	1756	2345	3531	7401	10140	11038	13653	4774	5955	511	546
PROPERTY CHARACTERISTICS Year Property Acquired 1999 to 2001 (part)	10626	386	727	862	1411	1856	1722	1746	718	832	365	494
1997 and 1998	9376	314	520	456	1155	1629	1643	1760	581	1286	32	536
1995 and 1996	5465	139	143	270	626	1016	1103	1318	389	439	22	548
1990 to 1994	7755	307	161	484	857	1656	1568	1462	490	752	18	526
1985 to 1989	8238	228	159	518	1148	988	1763	2083	464	873	13	561
1980 to 1984	7377	201	179	303	728	1173	1469	1491	1036	765	31	574
1975 to 1979	6270	64	220	206	687	923	827	2506	484	340	13	616
1970 to 1974	3538	81	128	271	595	602	577	683	328	274	0	516
1969 or earlier	2462	37	108	161	196	296	364	604	284	394	17	620
Year Structure Built 1999 to March 2000	1873	35	199	100	195	203	219	303	95	275	247	536
1997 and 1998	3191	65	452	196	253	331	447	614	261	565	7	566
1995 and 1996	2276	37	5	100	242	419	380	597	220	265	10	587
1990 to 1994	3355	99	35	222	218	460	716	845	292	451	17	589
1980 to 1989	14864	371	324	932	1337	2366	3047	3533	1363	1551	41	568
1970 to 1979	18739	679	693	1141	3182	3594	3215	4276	1035	872	54	502
1960 to 1969	8445	189	339	493	1039	1475	1681	1630	862	683	53	539
1950 to 1959	2539	67	111	114	312	396	297	486	151	588	17	588
1940 to 1949	1280	36	72	62	123	204	187	386	56	149	4	575
1939 or earlier	4543	178	115	169	501	692	847	983	439	557	61	569
Purchase Price Per Housing Unit@8 Properties acquired by purchase 1997 to 2001 (part)	17882	626	1191	1198	2342	3225	3068	3246	1111	1488	386	505
Less than $20,000	4160	426	788	346	787	854	346	126	108	93	283	348
$20,000 to $39,999	6550	129	294	613	1194	1724	1506	802	81	162	47	459
$40,000 to $59,999	3868	35	50	139	171	479	924	1509	302	222	36	616
$60,000 to $79,999	1860	26	36	56	158	119	118	650	395	290	11	726
$80,000 to $99,999	735	5	17	22	18	24	142	119	158	226	4	824
$100,000 to $124,999	324	1	6	7	5	16	21	13	56	198	2	190692
$125,000 to $149,999	179	5	0	5	5	2	0	25	5	131	0	318973
$150,000 to $174,999	50	0	0	2	0	0	0	1	2	46	0	448281
$175,000 to $199,999	42	0	0	6	0	1	10	0	0	25	0	158366
$200,000 to $249,999	69	0	0	0	0	0	0	0	2	67	0	486926
$250,000 to $299,999	13	0	0	3	0	1	2	1	0	6	0	754
$300,000 to $499,999	10	0	0	0	0	3	0	0	0	7	0	259531
$500,000 or more	9	0	0	0	0	0	0	0	1	8	0	429864
Median	34579	14692	15113	28256	26396	28801	35777	49212	63229	78176	13552	...
Mean	40690	18407	19280	31205	27606	30761	39272	50010	61954	90445	15141	672
Other properties	43224	1130	1154	2333	5059	6915	7970	10407	3663	4468	125	562
Rental Receipts as Percent of Value@8 Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than 5 percent	1424	657	185	141	62	83	86	148	25	28	11	127
5 to 9 percent	3407	33	158	449	662	565	553	337	283	362	4	470
10 to 14 percent	16334	672	837	1453	1937	2105	2628	3695	1470	1530	7	544
15 to 19 percent	14811	13	468	369	1549	2618	3372	4650	1094	679	0	571
20 to 24 percent	7989	19	33	217	1409	1820	1560	1724	524	679	4	532
25 to 29 percent	4315	3	32	120	439	685	795	933	569	737	1	618
30 to 39 percent	3034	60	18	82	338	550	551	621	233	582	0	585
40 percent or more	3082	6	34	57	230	483	488	676	231	877	0	672
Median	17	10	13	13	17	18	18	17	17	21	8	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
Rental Vacancy Losses as Percent of Potential Receipts Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than 1.0 percent	7279	153	53	197	574	1117	1269	1662	1066	1175	14	633
1.0 to 2.9 percent	9854	34	78	252	760	1529	2193	2745	1256	1005	3	606
3.0 to 4.9 percent	8330	25	92	242	689	1418	2118	2297	768	682	0	580
5.0 to 6.9 percent	5126	55	38	241	490	1020	1263	1330	323	366	0	557
7.0 to 8.9 percent	5096	5	32	119	496	824	847	2089	132	552	0	622
9.0 to 10.9 percent	2468	8	67	119	595	564	456	516	72	71	0	479
11.0 to 12.9 percent	1453	13	0	70	410	343	181	290	44	103	0	468
13.0 to 14.9 percent	731	8	8	26	235	198	95	104	13	43	1	444
15.0 percent or more	3730	414	720	421	1036	441	179	192	54	270	2	330
Not reported or not computed	10459	749	676	1199	1341	1456	1431	1560	702	1206	138	482
Median	4.2	26.7	35.8	6.3	7.5	4.5	3.8	4.0	2.3	2.9	0.7	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
OWNER CHARACTERISTICS Type of Owner Individual investor(s)	7408	457	354	689	1283	1139	1252	1369	329	494	42	479
Limited partnership	26622	596	966	1568	3014	4856	5173	5589	2310	2225	324	542
Joint venture	661	11	32	34	50	109	113	146	121	44	0	583
General partnership	4472	46	61	191	466	839	995	1108	391	366	10	563
Life insurance company	108	0	1	12	31	6	19	5	9	20	4	508
Depository institution	5	0	0	0	1	0	4	0	0	0	0	530
Public real estate investment trust	1006	16	63	41	83	88	150	329	131	104	0	637
Private real estate investment trust	225	78	0	0	12	12	67	18	10	29	0	517
Corporation - other than real estate investment trust	12605	294	488	485	1591	1934	2024	3681	882	1176	49	573
Housing cooperative organization	2222	71	58	40	276	414	315	238	107	650	51	572
Non-profit or church-related institution	3912	92	236	376	493	514	647	637	271	629	17	536
Pension fund	84	1	5	0	0	3	2	19	50	4	0	846
Fraternal organization	11	0	0	2	0	4	0	6	0	0	0	498
Other	1765	94	81	92	101	221	276	510	164	212	13	604
MORTGAGE CHARACTERISTICS Number of Mortgages 1 mortgage	53963	1653	2035	2952	6462	9042	9617	12421	3998	5305	478	548
2 mortgages	5745	91	259	390	772	889	1116	951	707	552	18	541
3 or more mortgages	1398	11	52	190	168	208	305	281	69	99	15	521
Total Outstanding Debt as a Percent of Value Less than 20 percent	4579	161	245	305	652	757	800	851	285	476	47	518
20 to 29 percent	3251	95	179	201	488	579	590	532	241	345	2	514
30 to 39 percent	4919	148	207	232	620	762	873	1215	455	387	20	555
40 to 49 percent	7373	166	99	483	704	1264	1439	1574	600	1023	22	567
50 to 59 percent	9585	188	582	509	1564	1587	1405	2122	721	878	29	525
60 to 69 percent	10228	233	181	368	1081	1481	1841	3094	952	730	267	589
70 to 79 percent	7574	293	161	441	736	1386	1533	1644	615	716	49	549
80 to 89 percent	4551	53	289	309	543	778	956	922	297	378	26	530
90 to 99 percent	3179	131	71	178	416	550	624	718	136	330	24	537
100 percent or more	4120	101	178	316	408	708	778	854	326	426	25	543
Not reported or not computed	1746	188	154	190	189	288	198	126	145	267	1	452
Median	60	61	56	59	57	60	62	62	60	57	65	...
MORTGAGE PAYMENTS AND OTHER EXPENSES Monthly Interest and Principal Payments on First Mortgage Per Housing Unit Regular monthly payments of inter	60551	1734	2340	3508	7365	10093	10977	13497	4687	5846	503	545
Less than $100	9338	812	1252	1168	2048	1546	1059	804	175	211	264	364
$100 to $199	18480	262	484	1216	3662	4946	3885	2901	505	534	84	472
$200 to $299	16475	284	244	458	1039	2475	4211	5350	1288	1029	97	588
$300 to $399	6807	43	58	81	135	413	1145	2859	1201	831	39	705
$400 to $499	3065	63	51	80	46	73	146	825	930	848	4	853
$500 to $599	1326	15	7	11	27	36	52	217	272	685	3	35715
$600 to $699	629	9	12	8	18	9	35	52	67	416	2	247394
$700 to $799	369	0	0	4	4	38	3	31	27	259	3	292992
$800 to $899	225	0	0	3	5	0	10	24	7	176	0	363247
$900 to $999	134	0	2	4	1	2	0	10	0	115	0	416897
$1,000 to $1,249	263	1	0	3	25	5	56	19	25	130	0	986
$1,250 to $1,499	143	17	0	1	4	18	25	16	11	51	0	689
$1,500 or more	449	2	2	35	19	45	61	132	34	117	0	689
Not reported	2850	226	229	435	331	487	289	257	146	445	6	441
Median	206	93	85	130	140	166	209	254	325	411	94	...
Mean	257	151	121	201	158	190	233	286	369	513	122	639
No regular payments required	554	22	5	23	36	47	60	156	87	109	9	701
Current First Mortgage Payment Status Regular monthly payments of principal and/or interest	60551	1734	2340	3508	7365	10093	10977	13497	4687	5846	503	545
Up-to-date, ahead of schedule, or less than 90 days past due	21279	522	722	1301	2524	3501	3426	5854	1659	1707	63	559
Delinquent by 90 days or more	140	35	7	2	12	14	9	17	19	16	8	466
Legal proceedings have begun	18	3	0	0	4	3	0	7	0	0	2	437
Legal proceedings have not begun	115	32	1	2	8	11	9	10	18	16	6	495
Not reported	7	0	6	0	0	0	0	0	1	0	0	160
Not reported	39132	1177	1612	2205	4829	6578	7542	7626	3010	4123	431	539
Other properties	554	22	5	23	36	47	60	156	87	109	9	701
Monthly Interest and Principal Payments on Total Mortgages Per Housing Unit Regular monthly payments of interest and/or principal	60551	1734	2340	3508	7365	10093	10977	13497	4687	5846	503	545
Less than $100	11571	1036	1465	1488	2245	1943	1197	992	295	639	270	374
$100 to $199	18030	258	452	1302	3692	4823	3753	2714	459	498	80	468
$200 to $299	16452	287	292	480	1056	2617	4325	5362	940	996	97	580
$300 to $399	7474	41	54	85	209	478	1201	2999	1538	832	37	710
$400 to $499	3217	65	51	79	42	73	220	874	973	836	4	842
$500 to $599	1426	17	10	12	32	39	75	246	295	691	9	989
$600 to $699	691	10	13	8	24	11	38	68	67	449	2	232808
$700 to $799	399	0	0	4	4	38	4	37	39	270	3	266521
$800 to $899	248	0	0	3	5	0	10	24	7	200	0	379381
$900 to $999	137	0	2	4	1	2	1	10	6	110	0	381375
$1,000 to $1,249	269	1	0	5	25	5	56	19	25	133	0	988
$1,250 to $1,499	146	17	0	1	4	16	25	16	11	56	0	734
$1,500 or more	493	2	2	35	26	47	73	137	34	137	0	689
Not reported	0	0	0	0	0	0	0	0	0	0	0	0
Median	204	84	80	120	139	164	212	257	342	395	93	...
Mean	253	133	112	182	159	185	237	287	373	490	124	649
No regular payments required	554	22	5	23	36	47	60	156	87	109	9	701
Interest and Principal Payment on Total Mortgages as Percent of Rental Receipts Acquired before 2000 and regular payments of interest and/or principal	51659	1241	1616	2471	6304	8427	9729	12469	4219	5030	154	559
Less than 20 percent	6594	99	152	249	1146	999	983	1344	401	1221	0	566
20 to 29 percent	9382	8	539	404	995	1692	1603	2009	735	1398	0	566
30 to 39 percent	12803	78	187	400	1471	2073	2622	4145	917	904	6	584
40 to 49 percent	10146	29	126	299	1081	1867	2404	2302	1285	753	0	570
50 to 59 percent	5931	112	51	236	700	991	1184	1591	648	418	0	574
60 to 69 percent	2721	134	160	294	458	425	416	564	105	161	2	474
70 to 79 percent	1032	68	65	199	155	129	150	156	43	65	1	422
80 to 89 percent	440	53	6	91	68	37	82	78	6	14	5	399
90 to 99 percent	369	8	56	33	59	67	61	65	8	13	0	443
100 percent or more	2113	651	275	264	171	147	224	214	71	84	12	247
Not reported or not computed	127	0	0	0	0	0	0	0	0	0	127	0
Median	38	4829	36	46	37	37	39	37	40	29	87	...
Other properties	9446	515	729	1061	1098	1713	1309	1185	554	925	358	467
Real Estate Tax Per $1,000 Value Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than $5	7448	161	411	560	904	1136	1171	1317	535	1219	34	546
$5 to $9	10417	280	187	673	1143	1592	1961	2279	1232	1030	39	567
$10 to $14	13407	265	433	881	2259	2369	2354	2655	1010	1148	32	520
$15 to $19	9253	248	536	208	910	1320	1889	3076	524	539	2	574
$20 to $24	4458	32	26	182	518	910	1092	1029	294	363	13	551
$25 to $29	2951	53	39	115	257	529	604	939	212	202	1	580
$30 to $39	5941	251	46	230	581	964	947	1463	587	834	37	593
$40 to $49	11	3	0	0	0	0	0	0	0	8	0	323313
$50 to $59	4	0	0	0	0	4	0	0	0	0	0	450
$60 or more	45	7	16	0	15	0	2	0	0	6	0	302
Not reported or not computed	591	164	69	37	41	84	12	26	33	124	0	360
Median	13	14	13	11	13	14	14	15	12	12	11	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
Real Estate Tax as Percent of Rental Receipts Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than 5 percent	12701	78	448	768	1462	2035	2109	2266	1224	2308	4	574
5 to 9 percent	25285	238	484	1219	3349	4349	4628	7026	1964	2019	8	565
10 to 14 percent	10830	257	533	533	1296	1717	2477	2616	791	610	0	544
15 to 19 percent	2602	12	65	149	263	474	526	617	239	258	0	564
20 to 24 percent	1172	120	40	121	124	176	211	161	151	69	0	502
25 to 29 percent	330	29	12	20	67	44	42	46	18	52	0	483
30 to 34 percent	128	27	0	24	9	16	18	16	6	13	0	428
35 to 39 percent	62	27	7	0	6	4	3	0	0	13	2	143
40 percent or more	696	510	107	17	10	9	8	10	3	9	13	67
Not reported or not computed	721	164	69	37	41	84	12	26	33	124	130	360
Median	8	23	9	8	8	8	8	8	7	6	39	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
Property Management Property managed by paid property management company	53642	1232	2008	2695	6667	9040	9852	12568	4285	5100	195	552
Property not managed by paid property management company	4980	265	180	373	425	765	838	791	365	663	315	539
Not reported	2483	259	157	463	309	334	348	295	124	192	2	416
Property Management and Administration Expenses Per Housing Unit Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than $100	880	64	432	19	79	64	118	80	13	9	4	187
$100 to $199	2610	122	213	321	718	453	362	328	49	35	10	390
$200 to $299	5643	180	106	227	1213	1607	1208	850	104	123	25	467
$300 to $399	7425	106	76	240	1133	1381	2092	1970	237	182	6	537
$400 to $499	6691	64	112	210	428	935	1149	3120	464	192	19	628
$500 to $599	3733	25	57	101	239	530	737	981	671	391	2	636
$600 to $699	2661	28	14	193	215	502	525	582	267	316	20	570
$700 to $799	2445	19	14	168	229	313	462	587	333	321	0	606
$800 to $899	1905	25	6	61	251	291	403	433	191	238	6	578
$900 to $999	1718	1	7	95	270	421	229	354	170	170	1	528
$1,000 to $1,249	4002	52	57	107	380	742	796	972	390	506	1	583
$1,250 to $1,499	2668	25	9	88	208	324	577	704	311	422	1	629
$1,500 to $1,999	2146	18	25	25	114	103	300	529	610	423	0	785
$2,000 to $2,499	668	0	7	6	17	20	41	123	168	284	1	942
$2,500 or more	1315	0	0	26	25	33	25	87	71	1046	1	372848
No expenses	2649	173	121	167	454	411	484	383	105	308	43	494
Not reported or not computed	5367	560	510	831	657	780	525	703	277	508	15	415
Median	500	299	163	465	366	438	464	484	766	1174	420	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
Maintenance and Repair Expenses Per Housing Unit Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than $100	1701	239	444	107	109	216	139	335	27	80	5	353
$100 to $199	2336	61	111	252	416	402	406	371	151	164	0	481
$200 to $299	3035	71	122	211	504	654	703	440	149	170	12	492
$300 to $399	3625	65	144	189	636	829	725	671	124	225	18	493
$400 to $499	3956	165	59	148	460	743	1060	853	179	278	11	537
$500 to $599	3809	33	76	215	596	707	809	860	260	250	3	534
$600 to $699	3894	5	29	186	832	699	811	809	226	288	11	524
$700 to $799	3267	58	37	135	379	598	753	745	338	213	8	556
$800 to $899	4348	63	38	154	302	543	487	2202	276	269	13	653
$900 to $999	2276	19	6	64	220	462	489	596	212	209	0	575
$1,000 to $1,249	5489	43	104	120	505	813	1088	1203	793	817	3	612
$1,250 to $1,499	3390	22	22	62	445	482	656	1017	368	314	1	601
$1,500 to $1,999	3603	39	33	107	177	578	751	917	414	576	10	624
$2,000 to $2,499	1419	36	11	18	34	148	254	343	214	357	3	721
$2,500 or more	1918	29	23	9	47	104	221	419	314	739	13	864
No expenses	382	5	13	22	102	28	87	28	39	28	30	507
Not reported or not computed	6079	511	490	886	862	904	593	975	345	496	17	431
Median	751	423	262	538	613	663	703	837	1026	1101	656	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467
Utility and Fuel Expenses Per Housing Unit Acquired before 2000	54526	1463	1765	2887	6626	8908	10033	12784	4428	5474	157	555
Less than $250	4141	209	643	305	709	699	645	609	189	117	16	428
$250 to $499	13717	210	287	748	2089	2917	3202	2917	951	393	3	519
$500 to $749	13807	172	149	481	1391	2126	2920	4418	928	1195	27	588
$750 to $999	7962	163	69	205	916	1240	1275	2025	1060	993	18	610
$1,000 to $1,249	4215	34	14	64	451	651	694	1075	441	764	29	635
$1,250 to $1,499	1887	11	44	52	114	204	314	385	261	495	7	704
$1,500 to $1,749	1046	62	0	25	21	107	229	182	96	322	1	685
$1,750 to $1,999	464	3	2	2	12	64	60	97	36	182	6	779
$2,000 to $2,499	336	0	0	3	18	23	21	77	39	151	4	922
$2,500 or more	506	0	0	25	1	17	31	55	35	333	9	253098
No expenses	572	83	61	53	60	18	75	124	51	26	21	501
Not reported or not computed	5874	515	496	925	845	842	567	821	342	505	16	418
Median	612	519	235	467	511	548	573	635	737	943	952	...
Acquired 2000 and 2001 (part)	6579	293	581	644	775	1231	1005	869	345	482	354	467