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 /month. Depreciation is $2,273. He replaced HVAC for $1,450.00. Maintenance expenses were $500.00 so far this year. (Used for 6874 ). You have an investor that is looking for an investment that will provide a 10 cap rate. What can he pay for this investment? He would not buy this investment $125,060.00 $81,790.00 $64,720.00