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Rent roll, vacancies, other sources of income and operating expenses are the four items you consider in your pro-forma to determine the Net Operating Income

Rent roll, vacancies, other sources of income and operating expenses are the four items you consider in your pro-forma to determine the Net Operating Income (NOI) of your investment. Discuss each item in detail, and highlight how the four are interrelated. Enrich your answer with some of the considerations put forward by the case study speakers.

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