Question: You own a Triplex and are renting each unit for $1029/month Expenses will be 45% of gross rent Vacancy rate is 5% You will also

You own a Triplex and are renting each unit for $1029/month Expenses will be 45% of gross rent Vacancy rate is 5% You will also have additional income by charging $25/month/unit for each unit's use of the laundry. Maximum Total Gross Potential Rent (MTGPR) = 3 units X each unit's monthly rent All Income = (MTGPR - (MTGPR * vacancy rate) + other income) NET monthly income = (All Income - expenses))

What will be your NET monthly income?

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