felice bought a duplex apartment at a cost of $165,000. her mortgage payments on the property are $1,780 per month, $858 of which can be deducted from her income taxes. her real estate taxes total $2,364 per year, and insurance costs $1,320 per year. she estimates that she will spend $1,242 each year per apartment for maintenance, replacing appliances, and other costs. the tenants will pay for all utilities.
