Using the following information, determine the net operating income (NOI) for the first year of...
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Finance
Using the following information, determine the net operating income (NOI) for the first year of operations of the subject property: Subject Property Number of apartments Market Rent (per month) Vacancy and Collection Losses Operating Expenses Capital Expenditures 15 1000 10% of PGI 5% of EGI 10% of EGI $153,900 $135,000 $137,700 $162,000
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