Yearly Rental Income: $9,000
Property Insurance: $675
Property Taxes: $881
Vacancy/Repair Allowance: $1,350.00 (Estimated at 15%)
Property Management: $720.00
TOTAL Yearly Expenses: $3,626.00
Yearly Net Profit:
$5,374.00 (11.01% Return on Investment Every Year)
Monthly Income: $750.00
Monthly Expenses: $302.17
Monthly Net Profit: $447.83
NOTE: Kitchen cabinets will be painted prior to closing.
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