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Assume you own rental property with annual rental revenue of $10,000. The annual loan payment of $5,000 had $4,000 going toward interest and the rest
Assume you own rental property with annual rental revenue of $10,000. The annual loan payment of $5,000 had $4,000 going toward interest and the rest toward principal. The maintenance, insurance, and property tax expenses totaled $3,000 for the year. Depreciation expense equaled $4,000 and your tax rate is 20%. What did your after-tax cash flows equal?
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