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You have been asked to analyze a mixed use property with Potential Gross Income in the first year to be $487,500: vacancy and collection losses

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You have been asked to analyze a mixed use property with Potential Gross Income in the first year to be $487,500: vacancy and collection losses to be 11% of scheduled income and annual expenses of taxes and insurance $60500, maintenance $88100, advertising and administrative $32,900 (includes salaries). Calculate, OER (percentage with 1 decimal place)

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