Can owner operators make 4k per week after all expenses and taxes?

Everyone is different but here is a rough breakdown of a single owner operator authority on a yearly basis. I’m sure these fluctuate wildly but these numbers are pretty solid on 110k miles a year.

$50,000 truck/trailer and maintenance
$75,000 fuel
$20,000 permits plates insurance ifta
So about total $145k a year expenses

110k miles at $2/mile profit be $75k
110k miles at $3/mile profit be $185k

At 52 weeks a year at $3 a mile all year you’re looking at $3,550 profit

This doesn’t consider new trucks or old ones or taxes and depreciation and all that fun stuff but it’s a decent guideline.

 

I manage about that car hauling. But it's hustling to get it done

 

Pretty close.

 

This is two trucks it seems. So income might be higher than just one truck. The profit per mile, before taxes, of the other truck needs to be subtracted to get income for just one truck. But here it appears that income, before taxes, on just one truck is 1.74/mile nothwithstanding any truck payments.

 

Why are you thinking its 2 trucks? Doesnt seem outside of plausibility its 1 hrmm, just saw lower thing

But why is that a bad idea? 1 guy, 2 trucks? I know thats what i want to get to. Always seems downtime if 1 truck is down is what kills me

 

It says 2 units in the readout. Anyway, I arrived at 1.74 income per mile on one truck, before taxes. That seems high to me though.

 

2 trucks, me as driver,
One breaks down, i swap til i fix or shop if needed.

 

Then income seems to be $1.85/mile before taxes without truck payment. But this is when loads were paying $3.23/mile averaged out over loaded and empty miles. Extrapolating from that, at today's spot load rates ($2.25), income per mile before taxes, and without truck payment is $1.29/mile.

 

Well its from the begining of the year when things tarted to drop and fuel was already on the rise... youre making assumptions that MAY be true, but not neccessarily

 

According to the readout numbers, the math said the loads were paying $3.23 per mile averaged out over loaded and empty. But today's loads only pay 2.20 - 2.40. So I didn't really make much of an assumption. Also, in reality 2000 miles/wk is most likely because of downtime. So per week income, 2000 * $1.29, which is before taxes and without truck payment, is: 2580/wk. And that is under your own Authority and your own truck and trailer.