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You are buying an investment property. It is November 15 th. You get the following information from the seller: He says he gets rent of

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You are buying an investment property. It is November 15 th. You get the following information from the seller: He says he gets rent of $1,400 per month. Collected rent to date shows to be $15,000. Property tax was $1,000 and Insurance is $1,200. Utilities expense is $1,020. Interest expense is $4,400. Payment is $900 imonth. Depreciation is $2,273. He replaced HVAC for $1,450.00. Maintenance expenses were $500.00. so far this year. (Used for 6874 ). What is the Annual Gross Potential Income? $16,800.00 $18,327.00 $15,000.00 None of the above You are buying an investment property. It is November 15 th. You get the following information from the seller: He says he gets rent of $1,400 per month. Collected rent to date shows to be $15,000. Property tax was S1,000 and Insurance is $1,200. Utilities expense is S1,020. Interest expense is $4,400. Payment is $900 /month. Depreciation is $2,273. He replaced HVAC for $1,450.00. Maintenance expenses were $500.00 so far this year. (Used for 6874 ). What are the Total Operating Expenses? $3,858.00 $3,220.00 $4,568.00 $6,018.00

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