Business, 10.03.2020 11:06 booitsmrradl3385

A multifamily unit consists of 10 two-bedroom apartments that rent for $900 per month and 15 three-bedroom apartments that rent for $1,200 per month. The vacancy and collection loss is estimated to be 6%. Management is 5% of effective gross income. What is the annual vacancy and collection loss allowance for this property

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A multifamily unit consists of 10 two-bedroom apartments that rent for $900 per month and 15 three-b...

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