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Calculate the Net Operating Income of the following retail building. Tenant A has 5,000 SF and pays $25/SF in rent Tenant B has 3,000 SF

Calculate the Net Operating Income of the following retail building.

Tenant A has 5,000 SF and pays $25/SF in rent
Tenant B has 3,000 SF and pays $24.50/SF in rent
Tenant C pays $54,000 per year in rent
All tenants reimburse the landlord for all operating expenses except the Management Fee
Assumed Vacancy Loss if 5% of Gross Potential Income
Annual Operating Expenses include $30,000 for Property Taxes; $7,500 for Insurance; $50,000 for Utilities and Maintenance; and $5,000 for Management Fee

There are no additional capital or leasing costs.

Round your answer to the nearest whole number.

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