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Question 41 of 50 -/2 View Policies Current Attempt in Progress Donna is thinking about purchasing a two-bedroom condominium as a rental property investment. She

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Question 41 of 50 -/2 View Policies Current Attempt in Progress Donna is thinking about purchasing a two-bedroom condominium as a rental property investment. She believes she can easily find a family to rent the property and pay $1.120 per month in rent. Her monthly expenses include (1) a mortgage with a payment of $750, (2) condo fees of $80,(3) taxes of $145, (4) Insurance of $ 70, and (5) miscellaneous maintenance of $55. How much profit will Donna make by being a tardord? (Round answer to decimal place, es. 52.) Donna can make per month Assuming that the purchases the property for $100.000, what is her annual rate of return from the rental pront or loss? (Round answer to 2 decimal places, eg: 52.25) Qu Que

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