Question 10 1 pts You purchased a rental property in Oxford on January 1, 2020 and the rent collected during 2020 is expected to total $25,000. Your property manager charges 10% of rent collected, your insurance policy is $1,000/year, property taxes were $2,500, and repairs were $1,900. No capital expenditures were required this year. The house was financed with a $150,000 mortgage with an interest rate of 4% and a 30-year term. The purchase price of the home was $200,000, the lot is valued at $40,000, and your marginal tax rate is 24%. What is the equity after-tax cash flow during the first year of ownership? Question 10 1 pts You purchased a rental property in Oxford on January 1, 2020 and the rent collected during 2020 is expected to total $25,000. Your property manager charges 10% of rent collected, your insurance policy is $1,000/year, property taxes were $2,500, and repairs were $1,900. No capital expenditures were required this year. The house was financed with a $150,000 mortgage with an interest rate of 4% and a 30-year term. The purchase price of the home was $200,000, the lot is valued at $40,000, and your marginal tax rate is 24%. What is the equity after-tax cash flow during the first year of ownership