Yearly Rental Income: $9,000
Property Insurance: $625
Property Taxes: $572.00
Vacancy/Repair Allowance: $1,080.00 (Estimated at 12%)
Property Management: $720.00
TOTAL Yearly Expenses: $2,997.00
Yearly Net Profit:
$6,003.00 (13.05% Return on Investment Every Year)
Monthly Income: $750.00
Monthly Expenses: $249.75
Monthly Net Profit: $500.25
New Carpet will be installed, the interior will be painted, bathroom floor will be replaced, and a deep cleaning will be done.
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