Yearly Rental Income: $9,600.00
Yearly Expenses:
Property Insurance: $550
Property Taxes: $903
Utilities: $0
Vacancy/Repair Allowance: $1,152 (Estimated at 12%)
Property Management: $768
TOTAL Yearly Expenses: $3,373.00
Yearly Net Profit:
$6,227.00 (13.00% Return on Investment Every Year)
Monthly Income: $800.00
Monthly Expenses: $281.08
Monthly Net Profit: $518.92[/text_block]