Question
Given a multi tenant office and retail property with gross potential rent revenue of $4,500,000, gross income before credit losses of $4,600,000, credit losses of
Given a multi tenant office and retail property with gross potential rent revenue of $4,500,000, gross income before credit losses of $4,600,000, credit losses of 3%, and operating expenses of $3,100,000.
What is the operating revenue?
For the same multi tenant office and retail property, what is the Net Operating Income?
Step by Step Solution
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Operating Revenue is the total revenue generated from a prop...
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
