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Given the following information, calculate the net operating income assuming belowline treatment of capital expenditures. Property: 4 office units Contract Rents per unit: $3500 per

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Given the following information, calculate the net operating income assuming belowline treatment of capital expenditures. Property: 4 office units Contract Rents per unit: $3500 per month Vacancy and collection losses: 15\% Operating Expenses: $42,000 $48.000 $95,000 $100,800 $60.000

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