Property sold for $330,000 with 10% down, financed at 7.5% interest for 20 years (monthly payments). The property has a gross annual income of $42,000. Vacancy collection loss is 8% and expenses are $8,000 per year. What is the equity dividend rate indicated by this sale?

 

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Property sold for $330,000 with 10% down, financed at 7.5% interest for 20 years (monthly payments). was first posted on July 1, 2020 at 3:05 am.
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