Apartment Building Clipart
Income less Expenses equals Net Operating Income The value of any income property is based on the annual income that the apartment building, or other commercial property creates for you. This annual income is composed of rents and other sources, less the expenses, and is called the Net Operating Income. This is also known as the NOI. The higher the NOI, the more your apartment building is worth.
So if everyone knows this, how can you find great deals on apartment buildings for sale? You would think that every apartment building owner would make sure to increase their rents every year. After all, this gives them more cash flow and it increases the value of the commercial property.
Apartment Building Clipart
0 comments:
Post a Comment