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Question # 54

An investor purchases a property for $200,000, rents it for $24,000 annually, and incurs $4,000 annual expenses. What is the net operating income (NOI)?

Options:

A.

$20,000

B.

$24,000

C.

$4,000

D.

$28,000

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Real Estate Licensing Overview

Name Real Estate Licensing
Code Real Estate Licensing
Vendor Professional
Certification State Licensing Boards

Real Estate Licensing Questions