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A building in Manhattan is being sold. It contains 7 5 , 7 8 0 square feet of rentable space. The monthly rent currently equals

A building in Manhattan is being sold.
It contains 75,780 square feet of rentable space.
The monthly rent currently equals $65.0 per square foot.
The vacancy rate equals 2.1%.
The Effective Gross Income (EGI) of this building equals $
per year.
-would I have to multiply the $65 per sqaure foot with 12 since it is monthly?

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