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The 20 unit complex with $24OK annual revenues, $135K annual expenses, and debt service of 5% interest only on 80% of the $1MM total cost, provides how much free cash flow after expenses and debt service are paid? O 240 - 135 = 105 - 80 = 25 240 135 = 105 - 40 - 65 O 240 - 135 = 105 - 50 - 55

The 20 unit complex with $24OK annual revenues, $135K annual expenses, and debt service of 5% interest only on 80% of the $1MM total cost, provides how much free cash flow after expenses and debt service are paid? O 240 - 135 = 105 - 80 = 25 240 135 = 105 - 40 - 65 O 240 - 135 = 105 - 50 - 55

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The 20 unit complex with $240K annual revenues, $135K annual expenses, and debt service of 5% interest only on 80% of the $1MM total cost, provides how much free cash flow after expenses and debt service are paid? O 240 - 135 = 105 - 80 = 25 240 135 = 105 - 40 = 65 %3D 240 - 135 = 105 - 50 = 55 None of these
Transcribed Image Text:The 20 unit complex with $240K annual revenues, $135K annual expenses, and debt service of 5% interest only on 80% of the $1MM total cost, provides how much free cash flow after expenses and debt service are paid? O 240 - 135 = 105 - 80 = 25 240 135 = 105 - 40 = 65 %3D 240 - 135 = 105 - 50 = 55 None of these
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