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Tom purchased a four - plex property for $ 9 0 0 , 0 0 0 . Each unit rents for $ 2 , 0
Tom purchased a fourplex property for $ Each unit rents for $ per month. Tom incurs the following annual expenses: property taxes $ homeowners insurance $ maintenance $ After one year, he realizes he has to increase rents by to keep up with market demand. What will be Tom's adjusted annual cash flow after the rent increase and before taxes? A $ B $ C $ D $ E $
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