(Answered) An investment group bought a building with 12 apartments

Management Studies

An investment group bought a building with 12 apartments for $872,473. The apartments rent monthly: 3 @ $600, 3 @ $750, 3 @ $800, and 3 penthouses @ $1000. The group has a 7% vacancy rate and expense of $9,490. What will be the annual rate of return on this building?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91931958
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Once considered pure science fiction artificial

Once considered pure science fiction, artificial intelligence (AI) is being relied on more and more in today's world. Artificial intelligence deals with algorithms based on complex data sets. If you had to tell story rep ...

Outline the capital structure choices open to international

Outline the capital structure choices open to international firms. Give an example using XYZ company.

How global management perspective course benefit your

How Global Management Perspective course benefit your personal and/or professional development? What did you find most beneficial about the course?

Dinesh manages a division of a sporting goods manufacturer

Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers. Based on what you have read, which of the following pieces of advice should Dinesh t ...

Pick one from the for while do-while set and combine it

Pick one from the For, While, Do-While set and combine it with the Form-and-Receiver example to build a new program. Call the new program "sum_from_x_to_y.php". This program is to ask the user for two numbers (like the f ...

Please assist with giving two examples of employment or

Please assist with giving two examples of employment or employee laws that you believe were vital in changing or creating today's workplace and also two examples where rules and laws were either not enforced or were not ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? by Robert Simons HBR. May-June 1999 You are also required to read a fictional case study based on a com ...

Web-service apis are used to create interactive android

Web-service API's are used to create interactive Android applications. Research and discuss three web-service API's and identify the features associated which each Web-service API.

What are performance standards and what is the difference

What are performance standards? And what is the difference between KPI's and a performance standard?

1 why is strategic control important in the strategy

1. Why is strategic control important in the strategy implementation process? 2. What are the four major types of strategic control? 3. What are the pros and cons of each?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert