Net Operating Income: Real Estate Investing Formula 3

[jamesrk43]

The answer is $66,300. Gross operating income (gross scheduled income less vacancy allowance) is $102,000 then deduct 35% operating expenses (35,700).

[DaimanMa3ak]

@jamesrk43 Thank you so much

[DaimanMa3ak]

Property: 4 office units. Contract Rents per unit: $2500 per month. Vacancy and collection losses: 15%. Operating expenses: 35%. CAPEX: 10%.

1) $95,000

2) $102,000

3) $48,000

4) $60,000

[DaimanMa3ak]

hope someone can help me as soon as possible, i tried using the formula's you explained but i can't get to an answer

[DaimanMa3ak]

NOI??

[smokenfly514]

What's the difference between operating income and net income? Thanks