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What is the estimated net operating income

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Reference no: EM133152005

You are considering purchasing a retail building for 5,000,000 (50,000 square feet of net lease area) you expect to lease in the first year for 18 per square foot per year. Vacancy and collection losses are expected to be 10% of PGI and operating expenses 45% of egi. What is the estimated net operating income for the first year?

Reference no: EM133152005

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