Question
Given the following information, what is the net operating income? Property: 4 office units Contract Rents per unit: $2500 per month Vacancy and collection losses:
Given the following information, what is the net operating income?
Property: 4 office units
Contract Rents per unit: $2500 per month
Vacancy and collection losses: 15%
Operating expenses: 35%
CAPEX: 10%
- A.$59,670
- B.$102,000
- C.$48,000
- D.$95,000
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
