Yearly Rental Income: $10,200.00
Yearly Expenses:
Property Insurance: $550
Property Taxes: $264
Utilities: $0
Vacancy/Repair Allowance: $1,224 (Estimated at 12%)
Property Management: $816
TOTAL Yearly Expenses: $2,854.00
Yearly Net Profit:
$7,346.00 (13.06% Return on Investment Every Year)
Monthly Income: $850.00
Monthly Expenses: $237.83
Monthly Net Profit: $612.17[/text_block]