Suppose apartment rents are currently Year 1) $300 per month per unit, all signed at various times. Rents are expected to grow at 2 percent per year. On average, tenants remain five years, and units are vacant 3 months between tenants. Operating expenses are $1500 per unit per year 100% fixed), also expected to increase 2 percent per year. What is the approximate forecasted Net Operating Income per unit for next year after vacancy allowance)?

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The Answer of Suppose apartment rents are currently Year 1) $300 per month per unit, all signed at various times. Rents are expected to grow at 2 percent per year. On average, tenants remain five years, and units are vacant 3 months between tenants. Operating expenses are $1500 per unit per year 100% fixed), also expected to increase 2 percent per year. What is the approximate forecasted Net Operating Income per unit for next year after vacancy allowance)?

Suppose Apartment Rents Are Currently Year 1) $300 Per Month