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What is your annual return on investment for a rental property with the following income and expenses? Rent: $750 per month Expenses: $3800 Mortgage interest:
What is your annual return on investment for a rental property with the following income and expenses?
| Rent: | $750 | per month | |
| Expenses: | $3800 | ||
| Mortgage interest: | $7600 | ||
| Equity investment: | $22000 | ||
| Original mortgage: | $90000 | ||
| Market value: | $99440 |
32%
132%
37%
10.0%
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
