Question
NOI of an apartment building is $1,700,000 based on 120 units. Assuming the credit loss percentage is 10% of gross rents and expenses are 25%
NOI of an apartment building is $1,700,000 based on 120 units. Assuming the credit loss percentage is 10% of gross rents and expenses are 25% of gross rents, what is the monthly income per unit?
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