Please find what the rent per unit needs to be to have a Net Operating Income (NOI) of $100,000.
Assumptions
Please use the following assumptions below:
Rent per unit (per month)
Vacancy Rate (% of Potential Gross Income) 5%
Operating Expenses (% of Effective Gross Income) 30%
Number of Units 18
*Please fill out the blue area Rent per unit (per month)
Vacancy Rate (% of Potential Gross Income)
Operating Expenses (% of Effective Gross Income)
Number of Units