You purchase a house for $78,000 in April of 2011 and the net rent is $600 a month. In July of 2013, you sell it for $150,000. What has been your return?

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Answer for 07/15/2013 problem:

(N=120,I=4,PV=355,000,FV=0) PMT=3,594.20

(N=120,I=6,PV=355,000,FV=0) PMT=3,941.23

$3,941.23 x 120 = $472,947.60

$3,594.20 x 120 = $431,304.00

Difference =$ 41,643.60