Question
Assume an apartment building contains 120 units. 50% are one-bedrooms that rent for $1000/month and 50% are two-bedrooms that rent for $1,500 per month. Vacancy
Assume an apartment building contains 120 units. 50% are one-bedrooms that rent for $1000/month and 50% are two-bedrooms that rent for $1,500 per month. Vacancy is 10% of total income. What is the effective gross income?
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Finance For Nonfinancial Managers Beginners Handbook For Finance
Authors: Murugesan Ramaswamy
1st Edition
1516973801, 978-1516973804
