Current Attempt in Progress Betty is thinking about purchasing a two-bedroom condominium as a rental property investment. She believes she can easily find a family to rent the property and pay $1,200 per month in rent. Her monthly expenses include (1) a mortgage with a payment of $800, (2) condo fees of $110, (3) taxes of $135.(4) insurance of $90, and (5) miscellaneous maintenance of $50. How much profit will Betty make by being a landlord? (Round answer to 0 decimal place, e.g. 52.) $ Betty can make per month Assuming that she purchases the property for $100,000, what is her annual rate of return from the rental profit or loss? (Round answer to 2 decimal places, eg. 52.25.) % Rate of return Save for Later Attempts: 0 of 1 used Submit