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Investor Tyler’s property has a potential rental income of $19,000. The vacancy and collection losses for the year were $2,680. The property had operating expenses of $6,160. Tyler’s mortgage expenses for the property were $7,700. What is the before tax cash flow for Tyler’s property?

Respuesta :

Answer:

$2,460

Explanation:

Data provided in the question:

Rental income = $19,000

The vacancy and collection losses for the year = $2,680

Operating expenses = $6,160

Tyler’s mortgage expenses for the property = $7,700

Now,

The before tax cash flow for Tyler’s property will be

= Rental income - losses for the year - Total expenses

= $19,000 -  $2,680 - ( $6,160 + $7,700 )

= $16,320 - $13,860

= $2,460

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