$60,000 initial cost
$10,000 repairs
Current value $120,000
Rent $1,220 and $14,640 per year
Taxes $1,600
Insurance $900
Hoa 50 per month
$600 for repairs
$10,940 net profit a year
9.1 percent cap rate with rental income excluding sales profit
R.O.I. 65 % if sold in 1 year
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