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Marque San Juan
  • Rental Property Investor
  • Everett, WA
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Include PMI in NOI calculation?

Marque San Juan
  • Rental Property Investor
  • Everett, WA
Posted Jul 13 2019, 19:44

Newb question here:

In the case of using less than 20% down, do you include PMI in your calculations for NOI? My research is leading me towards excluding it since NOI is void of the mortgage expenses to calculate cap rates, but I just want to be sure.

Thanks

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