An investor has invested $600,000 in a new rental property. Her estimated annual costas are...
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An investor has invested $600,000 in a new rental property. Her estimated annual costas are $16,000 and annual revenues are $48,000. What rate of return per year will the investor make over a 30-year period ignoring the salvage value? If the property can be sold for $500,000 what is the rate of return?
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