Calculate Net Operating Income (NOI)using the following information: Type:Residential building PropertySize:250,000squarefeet Gross Rental Income:$20 per square foot
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Calculate Net Operating Income (NOI)using the following information:
Type:Residential building
PropertySize:250,000squarefeet
Gross Rental Income:$20 per square foot
Other Income:$100,000
Vacancy and Collection Loss:8%of potential gross income
Property Taxes and Insurance:$500,000
Utilities and Maintenance:$802,000
Interest Expense:$400,000
Income Tax Rate:40%
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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