You have been provided with last years accounts for a residential investment property. Calculate the...
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You have been provided with last years accounts for a residential investment property. Calculate the estimated net income amount you would apply in a valuation.
Gross Income $ 185,000
Council Rates $ 3,000
Water Rates $ 3,000
Land Tax $ 6,000
Long Term Vacancy Rate 3%
Capital Expenses $ 12,000
Management Fees $ 9,250
Insurances $ 4,000
Repairs & Maintenance $3,700
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