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You bought a rental property in 2022 for $200,000 and sold it in 2023 for $150,000. The rental collections were $16,000 total and upkeep and
You bought a rental property in 2022 for $200,000 and sold it in 2023 for $150,000. The rental collections were $16,000 total and upkeep and repairs were $8,000. What is your rate of return? Please write number only (ex. if the rate of return is 10%, then write 10 as answer / the answer can be both positive or negative number). kt = Ct + Pt - Pt-1 Pt-1 Kt is rate of return at time t (given time) Ct is (net) cash flow between time t-1 and t Pt is the price of asset at time t P(t-1) is the original purchase price of the asset
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