Real Estate Math
A Pennsylvania commercial property's annual gross rent is $200,000. Vacancies run 8% and operating expenses are $75,000. What is the NOI?
A$109,000✓ Correct
B$125,000
C$184,000
D$110,000
Explanation
Effective Gross Income = $200,000 × (1 − 0.08) = $200,000 × 0.
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