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Over the past year, you collected $13,887. The gross potential rent that you could have collected was $17,452. Expenses on the property have historically been

Over the past year, you collected $13,887. The gross potential rent that you could have collected was $17,452. Expenses on the property have historically been 18.22% of rents and you pay a 9% management fee to the property manager. What is your vacancy rate?

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