What is its effective gross income

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Q. Please explain how you came up with your answer also what tools or calculations did you use? If you had to take multiple steps to get solution please explain each step:

A property has a potential gross rent of $13500,000; operating expenses of $665,750; a vacancy allowance of $40,000 also or income of $9,000. What is its effective gross income?

Reference no: EM1379773

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