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RE NOI calculation form help

Walley

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Oct 1, 2007
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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


Expenses
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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