Real Estate Math
An investor needs a 9% return on a $500,000 investment. What annual NOI is required?
A$35,000
B$45,000✓ Correct
C$50,000
D$55,000
Explanation
Required NOI = Investment × Return rate = $500,000 × 9% = $45,000. To solve this, multiply the relevant values: $500,000 at 9%.. The correct answer is $45,000.. This is a common calculation on the Georgia real estate exam.
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