Real Estate Math
An investor's annual return on equity (ROE) is 12% on a $75,000 equity investment in a Delaware rental property. What is the annual cash return?
A$7,500
B$9,000✓ Correct
C$8,000
D$10,000
Explanation
Annual cash return = Equity × ROE = $75,000 × 0.12 = $9,000.
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