Real Estate Math
A Missouri triplex has monthly rents of $900, $850, and $950. Annual vacancy is 7%. What is the annual EGI?
A$29,886✓ Correct
B$32,400
C$30,132
D$31,000
Explanation
Monthly gross = $900 + $850 + $950 = $2,700. Annual gross = $2,700 × 12 = $32,400.
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