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An investor owns 5 rental properties. Each of the properties rent for $ 5 0 0 a month and are all presently rented. A property

An investor owns 5 rental properties. Each of the properties rent for $500 a month and are all presently rented. A property manager is paid a salary of 10% of the gross total monthly income. After paying a $1,200 mortgage and monthly repairs of $265, what is the property owner's net each month?

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