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The lease is the legal agreement that is the backbone of income producing real estate. Two common types of leases are gross leases and net
The lease is the legal agreement that is the backbone of income producing real estate. Two common types of leases are gross leases and net leases. Assume the following leasing rents and costs in $/SF/Yr: Rent $110, property taxes $14, insurance $8, utilities $4, maintenance $8, security $6, and management $5. In a triple net lease scenario, where the tenant is responsible for 100% of expenses, what is the landlord's take home amount?
100 | ||
110 | ||
65 | ||
155 |
please provide explanation
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