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The potential gross income for an office building is $110,000, with an allowance for vacancies of 9%. If operating expenses are $26,000 per year, and
The potential gross income for an office building is $110,000, with an allowance for vacancies of 9%. If operating expenses are $26,000 per year, and the debt service is $34,000 per year, what is the propertys net operating income (NOI)?
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