Real Estate Math
A Delaware owner earns $3,600/month rent. Monthly expenses: mortgage $1,800, taxes $350, insurance $120, maintenance $230. What is the monthly cash flow?
A$1,100✓ Correct
B$1,500
C$2,500
D$900
Explanation
Monthly Cash Flow = Income − Total Expenses = $3,600 − ($1,800 + $350 + $120 + $230) = $3,600 − $2,500 = $1,100.
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