Quick And Easy Formula For Success In Property Development
Here are some quick and easy formulas to use to figure out your break-even point: Calculate your potential gross income. Potential gross income is defined as the most income the property can make when its 100% occupied. For example: 10 apartments renting at $350.00 per week each your potential gross income is: 10 units X $350.00 p/week = $14,000 p/month $14,000 X 12 months = $168,000 p/year…
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