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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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