What is the monthly income collected per unit in Doris's apartment building?

To determine the monthly income collected per unit in Doris's apartment building, it's essential to analyze the rental income structure. If the answer is 500, this likely indicates that each unit generates a consistent rental income that, when multiplied by the number of units, would give the total rental income.

In many real estate scenarios, the calculation of income per unit is derived from either the total monthly income divided by the number of units or from established rental agreements for each residence. The figure of 500 suggests a typical middle-range rent that aligns with market conditions found in many apartment buildings.

The understanding of market rents, occupancy rates, and the typical rent charged for comparable units in a specific location can support this figure being accurate. In this case, if Doris's apartment building has several units, and each is generating 500 per month, it helps reinforce a sustainable income model for real estate investment, suggesting the building is positioned well within its competitive market.

Overall, the choice reflects common rental pricing and can be a reasonable expectation for monthly income in a well-managed apartment building, adding to the viability of the real estate operation.