Property Management
The vacancy rate for a rental property is calculated as:
AOccupied units divided by total units
BVacant units divided by total units✓ Correct
CNet operating income divided by total units
DAnnual rent divided by market value
Explanation
Vacancy rate = Vacant Units ÷ Total Units. For example, if 4 of 20 units are vacant, the vacancy rate is 4/20 = 20%.
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