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Please show work 2. Following Whart is the highest bld you will submit? Assume monthly rent of S500 for Deteroit home, $800 for Redford, $1500

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2. Following Whart is the highest bld you will submit? Assume monthly rent of S500 for Deteroit home, $800 for Redford, $1500 for Algonac and $2000 for White Lake. Aho, assume ne vacancy and operating expenses of40% of effective gris neone Mst show caklator, treat isalsting of 4 homes for aution. You want to bid but only,you can get 8% return

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