Soon A 20,000 sqft office building's first-year rental rate is $24/satt. Assuming this is a...
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Soon A 20,000 sqft office building's first-year rental rate is $24/satt. Assuming this is a gross lease and Vacancy rate is expected to be 796 There will be no other income - Total operating expenses (CAM + insurance + tax) is 53% of the gross potential income. Management fee is additional 6% of gross potential income. What is the net operating income for the first year
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