Property Management
The vacancy rate for a property management portfolio is calculated as:
ANumber of vacant units / Total units x 100✓ Correct
BNumber of occupied units / Total units x 100
CGross income / NOI x 100
DMonthly rent / Annual income x 100
Explanation
Vacancy rate = (Number of Vacant Units / Total Units) x 100. A 5% vacancy rate on 100 units means 5 units are vacant.
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