Question: You are considering purchasing a house for $ 3 0 0 , 0 0 0 and renting it out. The house is expected to generate

You are considering purchasing a house for $300,000 and renting it out. The house is expected to generate $20,000 in
annual rental income. The operating expenses, including maintenance and property taxes, are estimated to be $3,000
per year. You plan to hold the property for 3 years and then sell it for $290,000. Assume a discount rate of 5%. What is
the Net Present Value (NPV) of this investment?
3156
-10000
-3192
41000
4239
 You are considering purchasing a house for $300,000 and renting it

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