A four unit quadruplex has rental income of $500 per month per unit. Given a 5% vacancy rate, operating expenses of $700 per month, and mortgage payments of $1,500 per month, you can anticipate a monthly

Name: A four unit quadruplex has rental income of $500 per month per unit. Given a 5% vacancy rate, operating expenses of $700 per month, and mortgage payments of $1,500 per month, you can anticipate a monthly
Brand: Quizplus
Rating: 4.9 (59 reviews)

Question

Quizplus · Accepted Answer

$500 × 4 = 2000;less .05 × 2000 (100)= 1900;less 700 less 1,500 = -300.

A Four Unit Quadruplex Has Rental Income of $500 Per