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What is the cash - on - cash for a property with a purchase price of $ 5 0 0 , 0 0 0 plus

What is the cash-on-cash for a property with a purchase price of $500,000 plus acquisition costs of $40,000 with 75% of purchase price financing with monthly payments at 6% interest and a 20-year amortization period? The first year forecast of NOl is $40,000.

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