What strategy do I use to answe Felice bought a duplex apartment at a cost of 245000. Her mortgage payments on the property are 1040 per month. Her real estate taxes total 1632 per year and insurance?

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1067268

2026-03-09 14:30

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Felice bought a duplex apartment at

a cost of $245,000. Her mortgage payments on the property are

$1,040 per month. Her real estate taxes total $1,632 per year, and

insurance costs $1,476 per year. She estimates that she will spend

$1,236 each year per apartment for maintenance, replacing

appliances, and other costs. The tenants will pay for all

utilities. Ignore income taxes, changes in equity value, and

changes in property value.

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