Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using the table below, calculate the NOI Expenses Heat, water, electricity, Rent Roll Reading Court sewer and trash Apartments (Monthly) $35,462/year Typically this property has
Using the table below, calculate the NOI Expenses Heat, water, electricity, Rent Roll Reading Court sewer and trash Apartments (Monthly) $35,462/year Typically this property has 12 apartments each Maintenance, $2,700 a leased for $850 a month, but 3 are vacant at the year time of this analysis. Annual property taxes $6,200 Insurance $5,700 Laundry income annually nets $5,120 and $600 annual parking Along with the lease information above, a 9% vacancy is planned Landscaping $180 per month Maintenance supplies $419/month
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started