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3 years ago

When is buying a house and renting it out a profitable venture?

Business

2 answers:

EastWind [94]3 years ago

7 0

Answer:

b. When the rent money coming in is more than the monthly mortgage, taxes, and maintenance, rental real estate is profitable.

Explanation:

Buying a house and renting it out is a profitable venture if the rent you receive allows you to cover all the costs the house might generate like taxes or homeowners association fees and you still have an amount left after all the expenses are deducted. According to this, the answer is: when the rent money coming in is more than the monthly mortgage, taxes, and maintenance, rental real estate is profitable.

Novay_Z [31]3 years ago

5 0

<span>B. When the rent money coming in is more than the monthly mortgage, taxes, and maintenance, rental real estate is profitable.</span>

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Currency traders buy on margin so they can do which of the following

Andreyy89

So they can gain profits with their choosen currencies, if the currency that they choose, raising, they gain profits

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4 years ago

What factors determine the amount of interest earned on a fixed principal? Choose the correct answer below. A. The effective ra

Alecsey [184]

Answer:

The correct answer is D

Explanation:

Fixed principal is the amount of money which is a payment loan and has a reducing payment amount. It is typical loan, which has level of periodic payment, interest portion of the payment which is less every period because of reducing principal balance and the principal portion of the payment is the same payment to payment.

Therefore, the factors which determine the amount are the number of the compounding periods or years and the interest rate.

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3 years ago

Karen James owes $10,000 in medical bills, $500 to the public utility, $300 on a car payment, $15,000 on a 5 year student loan,

MArishka [77]

Assuming he owes $10,000 in medical bills, the total of Karen's current liabilities is $10,800.

<h3>Current liabilities</h3>

Using this formula

Total current liabilities=Medical bills+Public utility+Car payment

Where:

Medical bills=$10,000

Public utility=$500

Car payment=$300

Let plug in the formula

Current liabilities=$10,000+$500+$300

Current liabilities=$10,800

Inconclusion the total of Karen's current liabilities is $10,800.

Learn more about current liabilities here:brainly.com/question/2686492

5 0

2 years ago

What is the value of a 20-year, zero-coupon bond with a face value of $1,000 when the market required rate of return is 9.6 perc

arlik [135]

Answer:

The answer is $153.30

Explanation:

Value= M / (1 + i)^n = 1000/[ (1+(0.096/2))^40] = $153.30

Value is $153.30

6 0

3 years ago

You want to travel to Europe to visit relatives when you graduate from college three years from now. The trip is expected to cos

Anna11 [10]

Answer:

Aunt Hilda must give him $3,039

Explanation:

Giving the following information:

The trip is expected to cost a total of $10,000. Your parents have deposited $5,000 for you in a CD paying 6% interest annually, maturing three years from now. Aunt Hilda has agreed to finance the balance. If you are going to put Aunt Hilda's gift in an investment earning 10% annually over the next three years.

First, we need to calculate the total amount of the parents investment.

FV= PV*(1+i)^n= 5,000*(1.06)^3= $5,955

Difference= 10,000 - 5,955= 4,045

Aunt investment:

Final value= 4,045

PV= FV/(1+i)^n= 4,045/1.10^3= 3,039

Aunt Hilda must give him $3,039

5 0

3 years ago