Your net cash flow from your rental operations is . This is the total amount you are leftover with (or have to pay out of your pocket) at the end of the year after paying all of your expenses.
Did you know:
In Canada, you can't deduct your mortgage principal (equity) payments. Only your mortgage interest expense is deductible. To calculate your net rental income for tax purposes, only include your mortgage interest expense in the "mortgage payments" section.