The net income ratio of the property is $ 70,000.
To determine what is the net income ratio of a property where the potential gross income is $ 110,000; the vacancy and collection losses are estimated at $ 10,000; and the operating expenses are estimated at $ 30,000, the following calculation should be performed:
- 110,000 - 10,000 - 30,000 = X
- 100,000 - 30,000 = X
- 70,000 = X
Therefore, the net income ratio of the property is $ 70,000.
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