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An investor is considering the purchase of a small office building. The Gross Potential Rental Income is $250,000. Estimated Vacancy is 5%. Insurance Costs are

An investor is considering the purchase of a small office building. The Gross Potential Rental Income is $250,000. Estimated Vacancy is 5%. Insurance Costs are $10,000. Real Estate Taxes are $8,000. Federal Tax Depreciation is $10,000. Compute NOI.

A

207,500

B

197,500

C

187,500

D

None of the above

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