Question: Question 3 10 pts Using the following information, determine the net operating income (NOI) for the first year of operations of the subject property using

 Question 3 10 pts Using the following information, determine the net

Question 3 10 pts Using the following information, determine the net operating income (NOI) for the first year of operations of the subject property using above-line" treatment of capital expenditures. Number of units:15 Market rent per unit per month: $1,000 Miscelaneous Income per year: $0 V&C Loss: 10% of PGI Operating Expenses: 5% of EGI CAPX: 5% of EGI $162.000 . $145,800 $135,200 5142.500

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