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Tristan owns 2 0 condominiums on the Gulf Coast of Florida ( lucky . . . ) . The condominiums rent for $ 9 ,
Tristan owns condominiums on the Gulf Coast of Florida lucky The condominiums rent for $ per month. Tristan has a vacancy rate and his total expenses for the year are $ He pays $ on his mortgage where $ represents the interest. Assuming a required rate of return, how much would an investor be willing to pay for the property?
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