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Billie and Finneas Ellish have purchased an apartment building in Silverlake. The 10 one bedroom apartments rent for $3,000 per month. Vacancy is 5% of

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Billie and Finneas Ellish have purchased an apartment building in Silverlake. The 10 one bedroom apartments rent for $3,000 per month. Vacancy is 5% of PGI. Expenses are $1,200 per unit. What is the annual NOI

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