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Consider an income-producing property with the following data: Potential gross income $100,000 Vacancy and collection losses 5% of PGI Operating expenses 30,000 Debt service 30,000
Consider an income-producing property with the following data: Potential gross income $100,000 Vacancy and collection losses 5% of PGI Operating expenses 30,000 Debt service 30,000 What is the property's net operating income? $100,000 $65,000 $55,000 $105,000 $35,000
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