Dic owns a house that he rents to college students. Dic receives $800 per month rent and incurs the following expenses during the year:

Real estate taxes	$1,250
Mortgage interest	1,500
Insurance	425
Repairs	562
Association dues	1,600

Dic purchased the house in 1976 for $48,000. The house is fully depreciated. Calculate Dic's net rental income for the year, assuming the house was rented for a full 12 months.

If an amount is zero, enter, "0".

Rental income		$
Expenses:
Real estate taxes	$
Mortgage interest
Insurance
Repairs
Association Dues
Depreciation
Net rental income (loss)		$