Question
An office building has an effective gross income of $1,240,000. The operating expenses are $460,000, and the amount paid in mortgage payments equals $380,000 per
An office building has an effective gross income of $1,240,000. The operating expenses are $460,000, and the amount paid in mortgage payments equals $380,000 per year. What is the net operating income of the property?
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The net operating income of the property can be calc...
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
