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Real Estate Practice : Lesson 3962

If an apartment house cost $420,000, and it has a net income of $2800 per month, what percent would the apartment house return on the investment?
Take your time. The solution is posted below the wildlife photo.

A. 8%
2800 a month
times
12months
=
33600 a year
divided by
420000 cost of the building
=
0.08 or 8% return on the investment
... more

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