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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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