An apartment complex has 20 two-bedroom units that rent for $900 per month and 10 one-bedroom units
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An apartment complex has 20 two-bedroom units that rent for $900 per month and 10 one-bedroom units that rent for $500 per month. If annual operating expenses are $175,000 and annual debt service is $50,000, what is the cash flow?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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