Real Estate Math

A Great Falls investment property generates monthly gross income of $3,200 and has monthly operating expenses of $950 (excluding debt service). The monthly NOI is:

A$2,050

B$2,250✓ Correct

C$3,200

D$4,150

Explanation

NOI = Gross Income − Operating Expenses (excluding debt service) = $3,200 − $950 = $2,250 per month.

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