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Using the following information, determine the Effective Gross Income. Misc. Income per Year $5,000 Number of apartments 8 Market rent (per month) $1,500 Vacancy and

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Using the following information, determine the Effective Gross Income. Misc. Income per Year $5,000 Number of apartments 8 Market rent (per month) $1,500 Vacancy and collection losses 15% of PGI Operating expenses $42.000 Capital expenditures 8% of PGI $72.600 $122.400 $85,400 $127.400

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