What is the available cash that a property yields if the income is equal toQuestionWhat is the available cash that a property yields if the income is equal to $350,000, the cash expenses equal $110,000, and the principal and interest amount to $55,000...? $295,000 (Dollars) $85,000 (Dollars) ...
What is the available cash that a property yields if the income is equal to
$350,000, the cash expenses equal $110,000, and the principal and interest
amount to $55,000...? $295,000 (Dollars) $85,000 (Dollars) $165,000 (Dollars)
$185,000 (Dollars)
Answer & Explanation
To determine the available cash that a property yields, we need to calculate the
net cash flow by subtracting both the cash expenses and the principal and
interest payments from the total income.
Here's how you can calculate it step-by-step:
1. Total Income: $350,000
2. Cash Expenses: $110,000
3. Principal and Interest Payments: $55,000
The formula for calculating available cash is:
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