Real Estate Math
A Washington 6-unit apartment has 5 units occupied at $1,500/month and 1 vacant. Monthly rent loss from vacancy is:
A$750
B$1,500✓ Correct
C$7,500
D$9,000
Explanation
One unit vacant at $1,500/month = $1,500 monthly rent loss. Using the values given ($1,500), apply the appropriate formula.. The correct answer is $1,500.. This is a common calculation on the Washington real estate exam.
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