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OFF-TOPIC RE NOI calculation form help

Discussion in 'Off Topic: Sports, Funnies, Pop-Culture' started by Walley, Oct 7, 2007.

  1. Walley

    Walley New Contributor Read Millionaire Fastlane

    Likes Received:
    Oct 1, 2007
    Rep Bank:
    I'm new to trying to calculate my NOI...just wondering if this looks correct because I seem to be in the negative for cashflow...

    Gross Rent 800
    Vacancy Factor 10% 80
    Net Rent 720

    Management Fee 80
    Maintenance Reserve 100
    Utilities 0
    Taxes 100
    Insurance 100
    Mortgage 600
    Total Expenses 980

    Net Operating Income -260

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