Spring Valley financial information: # Units & Monthly Rent 4 (3 BEDRMS) @ $ 1,260 9 (2 BDRMS) @ $ 1,050 7 (1 BDRMS) @ $ 910 4 (Efficiency) @ $ 750 10 storage lockers are rented for $35 per month along with laundry income of $3090 per year. The owner pays annual expenses of $9,598 for property taxes, borough rental licenses and inspections $600, utilities (natural gas, water/sewer, electric, solid waste) $23,766, maintenance $7700, advertising of $570, lawn care / snow removal $1830, management fee of 5.5% of effective gross income. Vacancy typically runs 6.5 percent. What is NOI? Spring Valley financial information: # Units & Monthly Rent 4 (3 BEDRMS) @ $ 1,260 9 (2 BDRMS) @ $ 1,050 7 (1 BDRMS) @ $ 910 4 (Efficiency) @ $ 750 10 storage lockers are rented for $35 per month along with laundry income of $3090 per year. The owner pays annual expenses of $9,598 for property taxes, borough rental licenses and inspections $600, utilities (natural gas, water/sewer, electric, solid waste) $23,766, maintenance $7700, advertising of $570, lawn care / snow removal $1830, management fee of 5.5% of effective gross income. Vacancy typically runs 6.5 percent. What is NOI