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OnyxJaxy OnyxJaxy
  • 09-05-2024
  • Mathematics
Answered

Phillipe Isaacs bought a three-bedroom, two-bath house as a rental property.



He paid $149,800 with a $75,000

down payment.



The annual expenses totaled $8,750.



Phillipe rented the house for $

975 per month.


AWhat

annual net income did Philippe earn?


BWhat was

his annual yield?

Verified Answer :

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