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Problem 1 7 - 9 Determining the Monthly Rent [ LO 1 7 - 1 ] Audra owns a rental house. She makes mortgage payments

Problem 17-9 Determining the Monthly Rent [LO17-1]
Audra owns a rental house. She makes mortgage payments of $1,060 per month, which include insurance, and pays $2,700 per year
in property taxes and maintenance. Utilities are paid by the renter.
Note: Ignore any tax effects.
How much should Audra charge for monthly rent to cover her costs?
Charge for monthly rent to cover costs
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