Yearly Rental Income: $11,400.00
Yearly Expenses:
Property Insurance: $625
Property Taxes: $1,385
Utilities: $0
Vacancy/Repair Allowance: $1,368 (Estimated at 12%)
Property Management: $912
TOTAL Yearly Expenses: $4,290.00
Yearly Net Profit:
$7,110.00 (13.01% Return on Investment Every Year)
Monthly Income: $950.00
Monthly Expenses: $357.50
Monthly Net Profit: $592.50[/text_block]