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We are planning to own this property for 5 years. Rents are projected to grow at 2% per year, vacancy is expected to remain constant
We are planning to own this property for 5 years. Rents are projected to grow at 2% per year, vacancy is expected to remain constant at 8% for the first 3 years then jump to 10% in year 4 and remain at that level into the future, insurance will increase 2% per year and the rest of the expenses are as described. What is the NOI in year 5?
Please post answer in excel
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