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    Potential Gross Income of Rental Units

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    Given the following information, what is the potential gross income?
    Property: 4 office units
    Contract Rents per unit: $2500 per month
    Vacancy and collection losses: 15%
    Operating expenses: 35%
    CAPEX: 10%

    © BrainMass Inc. brainmass.com June 3, 2020, 9:44 pm ad1c9bdddf
    https://brainmass.com/business/accounting/196820

    Solution Preview

    In real estate transactions, potential gross income is the highest possible income that can be produced from a scenario and is the very top line number. ...

    Solution Summary

    The potential gross income is calculated for a group of office rental units given several metrics.

    $2.19

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