Subject Property Price Effective gross $600,000 income Operating 39% expense 366,000 NOI NOI Price- (R) Solve for the two question marks. Be careful and do it right. Comparable Properties $3,078,000 $3,764,000 $4,112,000 503,000 610,000 690,000 41% 42% 40% 301,600 353,800 407,100 0.099 0.094 0.098