Detroit Rental Income Examples

Ranch:

Your Investment $35,000
Monthly Rent $750
Annual Rent Income $9,000
Projected Annual Taxes $2,800
Projected Annual Insurance $750
Annual Management $780
Net Monthly Rental $389
Net Annual Rental Income $4,670
Projected Net Annual Return 13.34%

Bungalow:

Your Investment $40,000
Monthly Rent $825
Annual Rent Income $9,900
Projected Annual Taxes $3,000
Projected Annual Insurance $750
Annual Management $780
Net Monthly Rental $448
Net Annual Rental Income $5,370
Projected Net Annual Return 13.43%

Colonial:

Your Investment $45,000
Monthly Rent $850
Annual Rent Income $10,200
Projected Annual Taxes $3,000
Projected Annual Insurance $750
Annual Management $780
Net Monthly Rental $473
Net Annual Rental Income $5670
Projected Net Annual Return 12.60%