What is the annual Net Operating Income if the building is 20,000 square feet, the...

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Accounting

What is the annual Net Operating Income if the building is 20,000 square feet, the monthly rent is $2.50 per square foot, the Operating expenses are 30% of the Potential Gross Income (PGI), Miscellaneous Income is 5% of PGI, there are no capital expenses and vacancy is 6%?

Please show work in excel. Thank you.

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