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Section A (1 Mark)The Net Operating Income (NOI) for a real estate investment is calculated...

Section A (1 Mark)

The Net Operating Income (NOI) for a real estate investment is calculated as:

A.

Gross potential income + vacancy and collection loss rate – insurance- real estate taxes-utility expenses- estimated maintenance expenses

B.

Gross potential income-vacancy and collection loss rate – insurance- real estate taxes-utility expenses- estimated maintenance expenses

C.

Gross potential income - vacancy and collection loss rate + insurance- real estate taxes-utility expenses- estimated maintenance expenses-financing cost

D.

Gross potential income + vacancy and collection loss rate - insurance + real estate taxes-utility expenses- estimated maintenance expenses-depreciation

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