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You are given the following information on an investment property. Units $10 Rent per Unit $952 Vacancy Allowance 3% Expenses 18.72% of net rental income
You are given the following information on an investment property.
Units | $10 |
Rent per Unit | $952 |
Vacancy Allowance | 3% |
Expenses | 18.72% of net rental income |
Cap Rate | 3.28% |
What is your estimate of annual expenses for this property?
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