Alexis invests $30,000 in a rental property and earns $600/month for the first year. What is her return on investment (ROI)?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
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Alexis invests $30,000 in a rental
property and earns $600/month for the
first year. What is her return on
investment (ROI)?
Transcribed Image Text:Alexis invests $30,000 in a rental property and earns $600/month for the first year. What is her return on investment (ROI)?
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