Mathematics, 07.03.2020 05:33 jonathanspears1
An apartment building produces $4,000 per quarter in gross rents. The maintenance expenses run $350 per month. Property taxes are $1,750 per year. The mortgage payments are $650 per month. If the building is worth $83,750 what is the cap rate?
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An apartment building produces $4,000 per quarter in gross rents. The maintenance expenses run $350...
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