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will leave a thumbs up Complete the table. Purchase Price Cash Invested Monthly Rent Annual Yield Annual Annual Rental Expenses Income $4,500 $5,400 $ 43,800
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Complete the table. Purchase Price Cash Invested Monthly Rent Annual Yield Annual Annual Rental Expenses Income $4,500 $5,400 $ 43,800 a. $ 67,500 a. $145,000 a. $ 89,700 $ 10,000 $ 235,700 $ 40,000 $ 515,250 $ 75,000 $1,750,000 $350,000 a. Annual Net Income $900 b. b. b. $ 450 $ 4,000 $ 6,000 $15,000 c. 0 Complete the following problems. 2. Mark Sharoma bought a three-bedroom, two-bath house as a rental property. He paid $219,600 with a $50,000 down payment. The annual expenses totaled $26.475. Mark rented the house for $2.500 per month. Determine a) the annual net income and b) the annual yield. 3. Daryl Mattingly bought a rental property in Lake Arrowhead for $185.900. After a $40.000 down payment he mortgaged the rest. His annual expenses totaled $19.850 and he rented the condo for $3.878 per month for 6 months Determine a) the annual net income and b) the annual yield Step by Step Solution
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