NOI >= 50% of GSI

Redstar1324 · February 10, 2016, 5:23pm

Is this true in all cases?

Should I use this as a standard? Are there any other industry standard numbers that I should be aware of?

Gold_River · February 12, 2016, 9:24am

Hi,

It is gross income (GI) adjusted gross income (AGI-Vacancy adjusted) operating expenses (OE) and net operating income (NOI).

Operating expenses 50%
Net Operating Income 50%

50 / 50 rule!

Residential property (Apartments or Condo mapped or townhouse treated as rentals over 5 units!)

GR

Redstar1324 · February 12, 2016, 4:28pm

Gold River post:2:

Hi,
It is gross income (GI) adjusted gross income (AGI-Vacancy adjusted) operating expenses (OE) and net operating income (NOI).
Operating expenses 50%
Net Operating Income 50%

50 / 50 rule!

Residential property (Apartments or Condo mapped or townhouse treated as rentals over 5 units!)
         GR

Does the 50% of operating expenses include debt payments?

Gold_River · February 12, 2016, 8:49pm

Hi,

 Debt payments are paid from net operating income. 


       GR

Redstar1324 · February 12, 2016, 9:40pm

Got it.

Gold_River · February 13, 2016, 9:40pm

Hi,

What are you meaning when you write - GSI ?


      GR

Redstar1324 · February 13, 2016, 9:54pm

Revenue. All rent plus whatever extras like coin laundry, vending machines, etc.

Revenue minus expenses = income