$32)$ Given the following information, calculate the net cash flows from operations in year $2$:

Purchase price: $$280,000$

Loan$-$to$-$value ratio $80\mathrm{.}00\%$

Mortgage Interest rate $5\mathrm{.}50\%$

Loan term $($years$)$: $30$

Property growth rate: $3\mathrm{.}0\%$

Property Taxes: $1\mathrm{.}5\%$

Initial Rent: $$25,000$

Rental growth rate: $2\%$

Vacancy rate: $10\%$

Insurance $($first year$)$: $$1,000$

Maintenance $($first year$)$: $$1,000$

Expense growth: $3\%$