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URL:https://www.learndesk.us/class/6271362765160448/lesson/2249fcc5a6206b28861db1298ccbe29f?ref=outlook-calendar
SUMMARY:Net Operating Income (NOI, Net Income)
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/2249fcc5a6206b28861db1298ccbe29f?ref=outlook-calendar
DESCRIPTION: Formula: NOI = Potential rent - Vacancy loss + Other income - Operating expenses
Note: NOI does not include debt payments.
Example: A building has 10 office suites generating annual potential rent of $10,000 each. Vacancy = 10% and annual expenses are $35,000. Vending machines yield $5,000. What is the NOI?
$100,000 rent - 10,000 vacancy + 5,000 other income - 35,000 expenses = $60,000 NOI

https://www.learndesk.us/class/6271362765160448/lesson/2249fcc5a6206b28861db1298ccbe29f?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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