Business, 09.06.2021 20:30, Delgadojacky0206

Buying rental property is an investment option that carries a higher risk than some other options. However, the returns can be good, Assume you have purchased a single family home that you intend to rent for $850 per month. You will have the following expenses:
Monthly mortgate
$390
Monthly insurance
$60
Semiannual property taxes
$340
Repairs (yearly estimate)
$500
Monthly lawn care of snow removal $100 What is the total yearly expenses for the rental propery. What is the return on investment for the property

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Buying rental property is an investment option that carries a higher risk than some other options. H...