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Texas Real Estate Appraisal Practice Exam 2026 – The All-in-One Guide to Master Your Appraisal Certification! Flash Cards

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A commercial property has an effective gross income of $1,640,000. If the total expenses are $1,305,000, what is the Net Operating Income (NOI)?

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$1,640,000 - $1,305,000 = $335,000

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