A commercial property was purchased at a price of $280873 at the beginning of the year. This property has a gross rental income of $67373 per annum and operating expenses of $12680 per annum. At the end of the year, the market value of this property increased by 10.26%. Calculate the composite return.

Answer rating: 100% (QA)

Heres how to calculate the composite return for the commercial property 1 Calculate Net Operating In... View the full answer