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Annually Assume that you purchase a property for $2,450,000 and it generates $175,000 per year of rental income and you sell it after 30 years
Annually Assume that you purchase a property for $2,450,000 and it generates $175,000 per year of rental income and you sell it after 30 years for $2,750,000. What is your yield (annual rate of return) on this investment?
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