Question 3 You buy an apartment building for 2M and take out a loan for 1.5M...

 

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Question 3 You buy an apartment building for 2M and take out a loan for 1.5M The value of the property goes up $250,000 Income from the property after all expenses and financing costs is a net loss of $100,000 What is your rate of return for the year O 7.5% O 12.5% O 30% 50% Question 3 You buy an apartment building for 2M and take out a loan for 1.5M The value of the property goes up $250,000 Income from the property after all expenses and financing costs is a net loss of $100,000 What is your rate of return for the year O 7.5% O 12.5% O 30% 50%

Answer rating: 100% (QA)

The rate of return for the year is 125 Explanation ... View the full answer