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Assume you own a rental property with an annual rental revenue of $10,000. The annual loan payment of 5000$ had 4000$ going toward interest and
Assume you own a rental property with an annual rental revenue of $10,000. The annual loan payment of 5000$ had 4000$ going toward interest and the rest towards principal. The maintenance insurance and property tax expenses totaled 3000$ for the year. Depreciation expense equaled $4000 and your tax rate is 20%.
What did your after-tax cash flow equal?
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