Question
Main street apartments has 4 apartments rented at $1075/month, laundry income of $5370 per year and 11 storage lockers rented at $30 per month. The
Main street apartments has 4 apartments rented at $1075/month, laundry income of $5370 per year and 11 storage lockers rented at $30 per month. The vacancy rate is 2.4%. What is the effective gross income(to two decimal places) used in calculating NOI for this property?
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
1st Edition
0471962120, 978-0471962120
