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2006-12-25 21:30:02 · 2 answers · asked by Russell R 1 in Business & Finance Renting & Real Estate

2 answers

That means that the property generates enough income every month to pay all it's own expenses, including debt service (mortgages), taxes, etc. and there is money left over for the owner of that property to use as an additional income.

2006-12-25 22:31:30 · answer #1 · answered by gr8 3 · 2 0

gr8 nailed it. Give him the points!

2006-12-26 00:30:25 · answer #2 · answered by Bostonian In MO 7 · 0 0

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