What would be the Gross Potential Rental Income per month for an apartment building with 20 one-bedroom units renting at $800 and 30 two-bedroom units renting at $1500?

To calculate the Gross Potential Rental Income per month for the apartment building, you first need to figure out the total rental income generated by each type of unit separately and then sum these amounts.

For the one-bedroom units:

• There are 20 one-bedroom units, each renting for $800.

• The monthly income from the one-bedroom units can be calculated as follows:

20 units x $800/unit = $16,000.

For the two-bedroom units:

• There are 30 two-bedroom units, each renting for $1,500.

• The monthly income from the two-bedroom units can be calculated as follows:

30 units x $1,500/unit = $45,000.

Now, to find the total Gross Potential Rental Income, you add the income from both types of units:

• $16,000 (from one-bedroom units) + $45,000 (from two-bedroom units) = $61,000.

Thus, the Gross Potential Rental Income per month for the entire apartment building amounts to $61,000, making the answer correct.