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(d) Calculate the Income ROE for a property with the following information: y h mr Gross rental as a percentage of the purchase price: 8%
(d) Calculate the Income ROE for a property with the following information: y h mr Gross rental as a percentage of the purchase price: 8% Operating expenses as a percentage of gross income: 3% Improvements and reserves as a percentage of gross income: 2% Interest cost on borrowed funds: 6% Loan to value ratio: 60% Purchase costs as a percentage of the purchase price: 1% LVR pc as om
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