Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to work out yield on rental property [title] Calculate the total income for the year from that rental property. [step] This is usually the total rent payments, but may also include application fees, payments for repairs or improvements, and any portions you kept from a security deposit. [substeps] Example: for 4 months of the year, your property has a tenant paying $1 , 400 per month.

Ending1: It is vacant for 2 months, then your rent it out for the remainder of the year at $1 , 500 monthly. Your total rental income is $14 , 600. Ending2: This is not considered lenders' income, but the total rental payout for that month. Otherwise, your total gross income (gba, by example) is considered taxable. Ending3: Your landlord will pay the remaining $5 , 400 on any renovations or improvements your property does or provides. Example: for 4 months of the year, your rental property has a resident paying $800. Ending4: This includes all utilities, electricity, rent, and mortgage payments, as well as housing costs, leases, mortgages, and interest payments. Your variable rent payments will vary based on your particular rental property.

Answer format: ending1/ending2/ending3/ending4