Rent Increase Letter Template For Landlords

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NOI represents the complete money a property yields after subtracting functioning costs but before subtracting taxes, mortgage payments, or other financing costs. It primarily actions the property' ;s ability to generate revenue from its operations alone. For example, if a property gets $100,000 in rents and rental increase letter template incurs $30,000 in functioning charges, its NOI will be $70,000.