Real Estate Math
A Hawaii landlord has 4 units at $1,800/month each. The vacancy rate is 8.33% (1 unit empty). What is the actual monthly rent collected?
AA. $7,200
BB. $5,400✓ Correct
CC. $6,600
DD. $7,000
Explanation
3 occupied units × $1,800 = $5,400. With 8.
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