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Learning Goal from Lesson 12.8 I can compute the annual net income, the annual yield, and monthly rent to charge on an investment in
Learning Goal from Lesson 12.8 I can compute the annual net income, the annual yield, and monthly rent to charge on an investment in real estate rental property. How I Did (Circle one) I got it! I'm still learning it. 10. Phillipe Isaacs bought a three-bedroom, two-bath house as a rental property. He paid $149,600 with a $75,000 down payment. The annual expenses totaled $8,750. Phillipe rented the house for $975 per month. a) What annual net income did Philippe earn? b) What was his annual yield? (2 points)
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