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What is the straight payback

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Problem 1: If you have 4 unit apartment building and each unit rents for 750.00. Assume a 95% occupancy rate, maintenance cost of 3,500.00 per year, insurance cost of 1400.00 and taxes of 8,500.00. If the price is 250,000. What is the straight payback? What is the cap rate?

Reference no: EM132775738

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