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Leveraged Breakdowns

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A few assumptions (please correct me where I am wrong):

For expenses:

  • I am assuming operating expenses are only applicable to occupied units?
  • I am assuming CAPEX will be applicable to 100% of units, occupied or not?

For revenue:

  • I am assuming other income comes from only occupied units? (this would be a contribution towards utility payments, condo fees, etc irl I am guessing?)


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