$105K is separate from rentals, pre-tax. Breakdown:
Takehome is $5,640/mo, and that is after taxes ($1744), HSA ($400), and 401k ($508, which is 6% plus a 3% match).
Other income includes various work reimbursements (gym, cell phone, my coaching income, etc.) and can avg. $250/mo.
Gross rental income avgs $1,565 (1700 when fully occupied).
Rental expenses: avg $1400-1500/mo.
Depreciation adds another $500/mo or so, so usually cash flow positive (barely) and the depreciation makes it negative on paper. It is 2 rentals, 3 units (nice SFR in neighboring state which my family lives in, decent equity) and a small duplex in town here that is a giant PITA and we'd love to sell but we're underwater. Sold one last year and we brought about $5K to the table, ugh.
Mortgage: last month, for example, was $880 principal, 441 interest, 200 taxes and 100 insurance. I've already been shopping for new insurance. Yes, $175 financed, had 20% in, but appreciation means we paid about $230 and it's now worth about $280, which is pretty darn good for NE Indiana.
Agree on all the reducibles (including food) but pre-k tuition isn't. One more year for my middle and she starts K next year (public school). Then one more kid to go!