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.
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