You are considering the purchase of a property with the following information Gross Annual Rents $107,710 Vacancy Rate 11 43 Net Operating Income $74,660 Property Management Fee 6 57 Purchase Price $466,012 Monthly Mortgage Payment $4,642 Property financed at 75 LTV What is your cash on cash return for the first year

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You are considering the purchase of a property with the following information: Gross Annual Rents = $107,710 Vacancy Rate = 11.43% Net Operating Income =

You are considering the purchase of a property with the following information:

Gross Annual Rents = $107,710
Vacancy Rate = 11.43%
Net Operating Income = $74,660
Property Management Fee = 6.57%
Purchase Price = $466,012
Monthly Mortgage Payment = $4,642
Property financed at 75% LTV.

What is your cash on cash return for the first year?

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