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[CFA模拟真题] 2006 CFA Level I -NO50

50. Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

 

An investor has gathered the following data, presented on an annual basis, for an apartment complex that is being considered for purchase:

Gross potential rental income

$180,000

Insurance and Taxes

$15,000

Utilities

$10,000

Repairs and Maintenance

$18,000

Depreciation

$21,000

Interest on Proposed Financing

$21,000

The annual net operating income (NOI) for the apartment complex is closest to:


Select exactly 1 answers from the following:
A. $100,000. B. $116,000. C. $121,000. D. $137,000.
答案和详解如下!
Feedback: Correct answer: D

 

International Investments, 5th edition, Bruno Solnik and Dennis McLeavey (Addison Wesley, 2004), pp. 391-392

2006 Modular Level I, Vol. IV, pp. 636-638

Study Session 17-75-j

calculate the net operating income (NOI) from a real estate investment

 

NOI = $180,000 - $15,000 - $10,000 - $18,000 = $137,000.

Correct answer: D

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