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TCO A) A property has a potential gross rent of $1,500,000; operating expenses of $765,750; a vacancy allowance of $45,000; and other income of $9,000.
TCO A) A property has a potential gross rent of $1,500,000; operating expenses of $765,750; a vacancy allowance of $45,000; and other income of $9,000. What is its effective gross income?
$1,455,000
$1,464,000
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
