Explore BrainMass

Explore BrainMass

    Estimate Net Operating Income for Investment Real Estate

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Based on the following data, estimate net operating income. Show your work in good form.
    Two-bedroom units rent for $600 per month (total of 40 units)
    One-bedroom units rent for $450 per month (total of 20 units)
    Vacancy and uncollectible rent losses typically amount to six percent of potential gross rent.
    Operating expenses average approximately 45 percent of potential gross income.

    © BrainMass Inc. brainmass.com June 4, 2020, 3:19 am ad1c9bdddf

    Solution Preview

    Rental income - two bedroom units 288,000 (600 x 40 x 12)
    Rental income - one bedroom units ...

    Solution Summary

    This solution estimates net operating income based on the rental information provided.