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A rental property generates $3,600 per month in gross rent. Annual operating expenses total $18,000. What is the annual net operating income (NOI)?

Correct Answer

B) $25,200

Step 1: Annual gross rent = $3,600 × 12 = $43,200. Step 2: NOI = $43,200 − $18,000 = $25,200.

Answer Options
A
$43,200
B
$25,200
C
$18,000
D
$61,200

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Key Terms:

investment_calculationsnoiinvestment_mathreal_estate_math
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