Mathematics, 03.06.2020 14:00, tami5

Anne Deno purchased a house to fix up and use as a rental property. The house sold for $123,400. Anne made a $23,400 down payment and mortgaged the rest. Her annual expenses for mortgage interest, taxes, repairs, insurance, and depreciation totaled $8,750. Anne rented the house for $960 per month. What is the annual net income?

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Anne Deno purchased a house to fix up and use as a rental property. The house sold for $123,400. Ann...