Question: 2 5 25 points Calculate the Real Estate NOI using the following information: Rents are $8800 per month Vacancy rate of 4.50% Utilities are

2 5 25 points Calculate the Real Estate NOI using the following information: Rents are $8800 per month Vacancy rate of 4.50% Utilities are $325 per month Management fees are 6.00% of gross rents Legal and accounting fees are $1,800 per year Insurance fees are $1,750 per year Janitorial, maintenance and supplies are $500 per month Mortgage payment is $1,200 per month, principal and interest Property taxes are $250 per month Earnings before Taxes (EBT) Income Taxes are 21% of EBT

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