UNIT I Reconstructing She Opwatho Itaiory

LEMS

Construet the effective gross income for Hammund Harmony A par. ments. a $225-$unit complex. all two$-$bedroom apartments of $/\mathrm{.}006$ foturn feet each. Five complexes of similar accommodations and sepvices ifter the intmediate neightorhood, all with only iwis$-$bodroom uniss

Kelvin Knighis has $200$ units, each with $1,000$ square feet, reatian for $$800.$ There are $12$ vacant units

Grigks Grove has $150$ units, cach with $975$ square feet, fenting for $5790.$ There ate $11$ vacant units.

Kennedie Village has $250$ units, each with $990$ square feet, renting for $$800.$ Thete are if vacant units.

Esther's Eden has $100$ units, each with $1,025$ square Feel. renting for $5830.$ There afe seven vacant units.

Ginny Galiery has $300$ units, each with $1\mathrm{.}030$ square feet, rentieg fite $5840$ There are $18$ vacancies.

Hamniond Harmony parkieg fees and washerldryer rental income is $590,000$ per year:

Consiruct the net inconc for Hammond Harmeny Apurtments if the average $50,075$ per mueth.