If Nadine in Example 1 desired a 15% annual yield, rather than the 11.09% she is now getting, what monthly rent would she have to charge Step 1: Find the desired annual net income. Desired Annual Yield x Cash Investment 15% X $27,500 = $4,125 Step 2: Find the monthly rent. Desired Annual Net Income + Annual Expenses 12 $4,125 + $6,490 $10,615 12 12 = $884.58 Nadine would have to charge monthly rent of $884.58 to earn an annual yield of 15%. Concept CHECK Complete the problems. Check your answers in the back of the book. 3. If Bev Ray in Problem 1 wanted an annual yield of 25%, what monthly rent would she have to charge? 4. If Bev Ray in Problem 1 wanted an annual yield of 20%, what monthly rent would she have to charge?