Other than missing maintenance expense, you determine that the detailed income and expenses listed for this property are fairly accurate. Based on the condition of the property, you believe maintenance should be $1800/year, depreciation expense $1445 per year and a vacancy of 7.75%. What is the NOI ?

34 W Lancaster Ave, Downingtown, PA 19335 Features Exterior: Stone Exterior, Stucco Exterior Interior: No/Unknown Accessibility Modifications, Common Laundry, Dryer In Unit, Washer In Unit, Laundry, Full Basement Parking: 3 Car Garage, 5-7 Car Parkng Utilities: Wall/Window Air Conditioning, Gas Heating, Gas Hot Water, Public Water, Public Sewer