Real Estate Math
A 6-unit apartment building has all units renting for $950/month. What is the annual potential gross income?
A$57,000
B$62,500
C$68,400✓ Correct
D$72,000
Explanation
$950 x 6 units = $5,700/month x 12 months = $68,400 annual PGI. Using the values given ($950), apply the appropriate formula..
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