A 15-unit apartment building has an estimated annual rental income of $130,000 based on market rent, spends $102,000 in operating expenses, and takes in about $4,000 from the machines in the building's laundry. What is this property's potential gross income?

Prepare for the Kentucky CE exam with flashcards and multiple choice questions. Each question comes with hints and explanations to aid your study. Ace your test seamlessly!

Multiple Choice

A 15-unit apartment building has an estimated annual rental income of $130,000 based on market rent, spends $102,000 in operating expenses, and takes in about $4,000 from the machines in the building's laundry. What is this property's potential gross income?

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy