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Rental Property Payment Assignment | Homework For You

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May 22nd, 2020

•You found a rental property that you think would make a good investment. After doing your research you believe that annual rent would be $11,500 per year, and you’ll have the following expenses – $1,150 property management, $1,000 insurance, $300 property taxes, $500 lawncare, and $500 miscellaneous. If you want to earn 8% on your net operating income, how much should you pay for the house? NOI = $8,050. Get Finance homework help todayHomework For You

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