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You buy a rental property for $250,000 (all cash, no mortgage). The net rental income the first year is $14,000 and, after one year, the

You buy a rental property for $250,000 (all cash, no mortgage). The net rental income the first year is $14,000 and, after one year, the property is worth $260,000. What is your annual rate of return on this investment? 5.6% 9.6% 5.4% 9.2%

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