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You buy an apartment building for 2M and take out a loan for 1.5M The value of the property goes down $250,000 Income from the

You buy an apartment building for 2M and take out a loan for 1.5M

The value of the property goes down $250,000

Income from the property after all expenses and financing costs is a Net Profit of $100,000

What is your rate of return for the year?

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