An investor buys a property for $106939. They borrow $72447, at 3.3% p.a. The property provides a net income of $7051 in the first year. The property increases in value by 3.8% in the first year. What is the income return on the equity invested in the property as a percentage (%) in the first year?

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18-06-2024
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An investor buys a property for $106939. They borrow $72447, at 3.3% p.a. The property provides a net income of $7051 in the first year. The property increases in value by 3.8% in the first year. What is the income return on the equity invested in the property as a percentage (%) in the first year?

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