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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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