Chun and Mali Tung bought a house for 135 980 They made a 30

Last updated: 8/3/2023

Chun and Mali Tung bought a house for 135 980 They made a 30 000 down payment Their annual expenses were mortgage interest of 7 540 depreciation of 2 5 of the purchase price of the house and taxes repairs and insurance of 10 380 They rented the house for 1 850 per month Determine a the annual net income and b the annual yield