Yearly Rental Income: $10,200
Property Insurance: $625
Property Taxes: $900.00
Vacancy/Repair Allowance: $1,224.00 (Estimated at 12%)
Property Management: $816.00
TOTAL Yearly Expenses: $3,565.00
Yearly Net Profit:
$6,635.00 (13.05% Return on Investment Every Year)
Monthly Income: $850.00
Monthly Expenses: $297.08
Monthly Net Profit: $552.92
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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