Yearly Rental Income: $7,800.00
Yearly Expenses:
Property Insurance: $550
Property Taxes: $425
Utilities: $0
Vacancy/Repair Allowance: $936 (Estimated at 12%)
Property Management: $624
TOTAL Yearly Expenses: $2,535.00
Yearly Net Profit:
$5,265.00 (13.00% Return on Investment Every Year)
Monthly Income: $650.00
Monthly Expenses: $211.25
Monthly Net Profit: $438.75[/text_block]