Thursday, May 5, 2016

How To Calculate Net Operating Income

Net Operating Income is the potential profit of a real estate investment. It is used to determine the value of a piece of real estate that has rental income. Calculating the Net Operating Income is typically performed by sellers to determine a fair list price and it is used by buyers to calculate a suitable offer when considering a purchase.

The actual calculation seems simple at first. Basically you are subtracting the Operating Expenses of the property from the Gross Revenue that is.....Read More

Today's New Listings!

34645 Willow Creek Pl, Willoughby  - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...