Felice bought a duplex apartment at a cost of $180,000. Her mortgage payments on the property are $1,400 per month. Her real estate taxes total $2,196 per year, and insurance costs $936 per year. She estimates that she will spend $1,488 each year per apartment for maintenance, replacing appliances, and other costs. The tenants will pay for all utilities. Ignore income taxes, changes in equity value, and changes in property value.
What monthly rent must she charge for each apartment to break even? (Do not round intermediate calculations. Round your answer to 2 decimal places.)