Kelsey purchsed a rental property for $60,000. Kelsey wants to rent the property out for $900 a month. A. If kelsey rents out the property for $900 a month, how many months will it take to get back her $60,000 investment. B. Kelseys' agent says the property could sell for $140,000 making kelsey a profit of $80,000.  If kelsey rented out the property for $900 a month, how long would it take her to reach a gain profit of $80,000 once the initial $60,000 has been paid off?

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Kelsey purchsed a rental property for $60,000. Kelsey wants to rent the property out for $900 a month.

A. If kelsey rents out the property for $900 a month, how many months will it take to get back her $60,000 investment.

B. Kelseys' agent says the property could sell for $140,000 making kelsey a profit of $80,000.  If kelsey rented out the property for $900 a month, how long would it take her to reach a gain profit of $80,000 once the initial $60,000 has been paid off? 

 

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