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An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 and annual revenues are $20,000. -1) What rate of
An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6,000 and annual revenues are $20,000.
-1) What rate of return per year will the investor make over a 30- year period ignoring the salvage value?
-2) If the property can be sold for $200,000 what is the rate of return?
please answer both questions !!
Thank You
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