Vincent owns an apartment building containing 15 rental units. Vincent pays $22,690 in taxes and building upkeep every year, and charges rent of $833 per month.Assuming that all of the rental units are full, how much does Vincent make from his apartment building every year?
$833x15= Vincent makes $12,495 per month. $12,495x12=Vincent makes $149,940 per year. $149,940-$22,690= Vincent's yearly gross profit (what he makes after taxes) is $127,250 :)
