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am 4 -12 III Question 41 of 50 Current Attempt in Progress Debra is thinking about purchasing a two-bedroom condominium as a rental property investment.
am 4 -12 III Question 41 of 50 Current Attempt in Progress Debra is thinking about purchasing a two-bedroom condominium as a rental property investment. She believes she can easily find a family to rent the property and pay $1,200 per month in rent. Her monthly expenses include (1) a mortgage with a payment of $760, (2) condo fees of $110, (3) taxes of $175, (4) insurance of $95, and (5) miscellaneous maintenance of $55. How much profit will Debra make by being a landlord? (Round answer to decimal place, e.g. 52.) $ per month Debra can make Assuming that she purchases the property for $100,000, what is her annual rate of return from the rental profit or loss? (Round answer to 2 decimal places, e.g. 52.25.) % Rate of return Attempts: 0 of 1 used Submit Answer Save for Later av W 19
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