Calculate annual NOI for a 40,000 sq. Ft. Warehouse that rents for $0.35 per sq. ft./mo. Vacancies and collection losses are 7%. The property insurance cost is $0.11 per sq. ft./year, maintenance costs and reserves for replacement is $0.40 per sq. ft./year; water and sewer cost is $150/mo.; garbage cost is $200/mo.; and annual property taxes are based on a value of $1,500,000, with a tax rate of 1%.

 

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To calculate the annual Net Operating Income NOI for the warehouse we need to consider the rental income and subtract the expenses 1 Rental Income The ... View the full answer