{"id":4772,"date":"2023-02-17T10:12:00","date_gmt":"2023-02-17T14:12:00","guid":{"rendered":"https:\/\/propertyonion.com\/education\/?p=4772"},"modified":"2026-03-17T19:27:18","modified_gmt":"2026-03-17T23:27:18","slug":"what-is-net-operating-income","status":"publish","type":"post","link":"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/","title":{"rendered":"What is Net Operating Income (NOI)"},"content":{"rendered":"<p>Understanding net operating income in real estate is one of the most fundamental skills a real estate investor can develop, since this single metric sits at the heart of how professional investors evaluate, price, and compare rental properties.<\/p>\n\n<p>If you&#8217;re&nbsp;<a href=\"https:\/\/propertyonion.com\/education\/7-real-estate-investing-tips-for-beginner-investors\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">new<\/a>&nbsp;to real estate investing, one of the most important numbers you&#8217;ll come across is net operating income.<\/p>\n\n\n\n<p>But what exactly is it? And how does it affect your investment decisions?<\/p>\n\n\n\n<p>You might have heard this term thrown around at a cocktail party or in a passing conversation with a friend. But what does it mean? What does it tell you about a property&#8217;s potential as an investment?<\/p>\n\n\n\n<p>If you&#8217;re like many investors out there, you may not be sure what to make of net operating income (or NOI). That&#8217;s okay. We&#8217;ll help demystify the concept and show how understanding it can help guide your next and current investments!<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">In this Article:<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#What_Is_Net_Operating_Income\" >What Is Net Operating Income?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#How_to_Calculate_NOI\" >How to Calculate NOI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#Good_vs_Bad_NOI\" >Good vs Bad NOI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#Net_Operating_Income_Versus_Cash_Flow_NOI_vs_CF\" >Net Operating Income Versus Cash Flow (NOI vs. CF)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#Strategies_to_Increase_Net_Operating_Income\" >Strategies to Increase Net Operating Income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#The_Importance_of_Net_Operating_Income\" >The Importance of Net Operating Income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#Turn_Your_Assets_into_Income_Today\" >Turn Your Assets into Income Today!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/propertyonion.com\/education\/what-is-net-operating-income\/#Why_Net_Operating_Income_in_Real_Estate_Drives_Property_Valuation\" >Why Net Operating Income in Real Estate Drives Property Valuation<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_Net_Operating_Income\"><\/span><strong>What Is Net Operating Income?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>It tells you how much money you&#8217;ll earn on your investment, and how quickly your property will pay for itself.<\/p><\/blockquote>\n\n\n\n<p>Net Operating Income (NOI) is a crucial metric that investors use to evaluate properties. It&#8217;s a fundamental way of measuring the profitability of an investment property and is used to determine the potential <a href=\"https:\/\/propertyonion.com\/education\/what-is-roi-in-real-estate-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"return on investment (opens in a new tab)\">return on investment<\/a>.&nbsp;<\/p>\n\n\n\n<p>According to<a href=\"https:\/\/www.investopedia.com\/terms\/n\/noi.asp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">&nbsp;Investopedia<\/a>, NOI is the net income of a property after all expenses are taken into consideration. The most important expenses that need consideration include:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Carrying costs<\/li><li>Interest on financing<\/li><li>Taxes<\/li><li>Insurance<\/li><\/ul>\n\n\n\n<p>The rest are other minor expenses, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Utilities<\/li><li>Property management<\/li><li>Depreciation<\/li><\/ul>\n\n\n\n<p>Some special expenses may need to be added, depending on your situation. These include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Capital expenditures<\/li><li>Leasing commissions<\/li><\/ul>\n\n\n\n<p>It&#8217;s imperative to understand this figure because it tells you how much money you&#8217;ll earn on your investment, and how quickly your property will pay for itself. Every potential investment has two sides: what it can do for you and what you have to give up getting it. The NOI helps you compare these two factors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Calculate_NOI\"><\/span><strong>How to Calculate NOI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is easy enough to calculate your NOI if you know all of your expenses upfront (including future ones). However, it is more realistic when calculated at the end of the year because there will be some expenses for which you will not have planned or known about until after the fact.&nbsp;<\/p>\n\n\n\n<p>If you want to do a quick estimate at any point during the year, just add up all your anticipated costs and subtract all anticipated income from rent and other sources from that figure. NOI can be calculated on a property-by-property basis or an aggregate basis for a portfolio of properties.&nbsp;<\/p>\n\n\n\n<p><strong>The formula for net operating income is as follows:<\/strong><\/p>\n\n\n\n<p><strong>Net Operating Income = Gross Income &#8211; Total Expenses<\/strong><\/p>\n\n\n\n<p>You can make this simple by visiting our&nbsp;<a href=\"https:\/\/propertyonion.com\/member\/upgrade_join\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Online Calculator<\/a>, available in our premium package.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Example<\/strong><\/h3>\n\n\n\n<p>If you rented out an apartment building and collected $50,000 over twelve months but spent:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>$10,000 on repairs and maintenance for the building.<\/li><li>$1,000 on the insurance policy for the building.<\/li><li>$1,000 in taxes.<\/li><li>$10,000 on the mortgage.<\/li><li>$3,000 in vacancy expenses (the difference between what you collect in rent and what you&#8217;d get if the unit were vacant).<\/li><\/ul>\n\n\n\n<p>NOI = Gross income ($50,000) &#8211; Total Expenses ($10,000 + 1,000 + $1,000 + $10,00 + $3,000)<\/p>\n\n\n\n<p>The gross income is $50,000.<\/p>\n\n\n\n<p>Total Expenses are $25,000.<\/p>\n\n\n\n<p>Therefore, your annual net operation income is $25,000 = ($50,000 &#8211; $25,000).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Good_vs_Bad_NOI\"><\/span><strong>Good vs Bad NOI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Either way, bad NOI means trouble for your investment.<\/p><\/blockquote>\n\n\n\n<p>As an investor, there are times when you might be curious about the difference between good and bad net operating income. While the definition of these terms is straightforward, they can seem quite subjective at first glance. But it&#8217;s important to understand these terms because they can majorly impact the value of a potential investment property.<\/p>\n\n\n\n<p>Good and bad are relative terms that depend on several factors, including what kind of real estate you&#8217;re looking at and how long you plan to hold the property. Good NOI would generally be considered a rental income that is higher than expenses, which means that the value of the property will increase over time.<\/p>\n\n\n\n<p>Bad NOI means that there isn&#8217;t enough money to pay the bills. Bad NOI can be a problem for several reasons:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It might mean that serious problems with the building are eating into its profits.&nbsp;<\/li><li>It might require repairs or upgrades that involve money you don&#8217;t have yet.&nbsp;<\/li><li>It could also mean that your expenses are too high for the market.&nbsp;<\/li><li>Perhaps, you&#8217;re charging lower rent than other comparable properties or hiring more expensive contractors to maintain the property.&nbsp;<\/li><\/ul>\n\n\n\n<p>Either way, bad NOI means trouble for your investment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Net_Operating_Income_Versus_Cash_Flow_NOI_vs_CF\"><\/span><strong>Net Operating Income Versus Cash Flow (NOI vs. CF)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investing in real estate is fun and exciting, but knowing the difference between NOI and cash flow can make or break a deal. Don\u2018t get caught up in the numbers. Here\u2019s the scoop.<\/p>\n\n\n\n<p><strong>Net operating income&nbsp;<\/strong>is the owner\u2019s net profit after paying all operating expenses, including property taxes and insurance, etc. Calculating net operating income is relatively simple: take your gross monthly rental income and subtract all expenses. The resulting number is your gross NOI.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.netsuite.com\/portal\/resource\/articles\/financial-management\/cash-flow-analysis.shtml\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\"><strong>Cash flow<\/strong><\/a><strong>&nbsp;is KING<\/strong>&nbsp;for investors, so measure it when looking at investment opportunities. In traditional accounting, you record your cash flow as positive or negative following your overall budget and business plan to create a snapshot of your investment&#8217;s cash position over time.&nbsp;<\/p>\n\n\n\n<p>It&#8217;s also useful when evaluating investments as it helps you understand how much money will be coming in and out of an investment and if there are enough positive numbers to keep your business afloat.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>For example<\/strong><\/h3>\n\n\n\n<p>An apartment building has a net operating income of $10,000, and its cash flow is $12,000.&nbsp;<\/p>\n\n\n\n<p>Which one is more important?&nbsp;<\/p>\n\n\n\n<p>The answer is that both are important, but for different reasons. The cash flow is more important because it shows that you have sufficient income to pay all your expenses with complete liquidity left over. This means that if a tenant decides not to pay rent for some reason, you still have enough income to survive without having to dip into your own pocket.<\/p>\n\n\n\n<p>The net operating income shows that even after paying all your expenses and costs of ownership, some profit is still left over. A good rule of thumb when evaluating properties is to ensure that you have a minimum cash flow equal to two months of operating costs. Furthermore, an additional 10% on top of that minimum in cash flow to account for emergencies is helpful.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Most people think their property&#8217;s value is based on its appraised value, but the true value can be found in its net operating income.<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strategies_to_Increase_Net_Operating_Income\"><\/span><strong>Strategies to Increase Net Operating Income<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When it comes to real estate, and more specifically NOI,&nbsp;<a href=\"https:\/\/propertyonion.com\/education\/see-how-to-increase-your-rental-profits\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"propertyonion.com (opens in a new tab)\">propertyonion.com<\/a>&nbsp;has many ways to improve the bottom line and increase the value of a property. Below is a list of successful strategies for increasing NOI.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategy 1: Reduce expenses:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Replace old, inefficient appliances.<\/li><li>Make smart decisions regarding property management and tenant selection.<\/li><li>Add energy-efficient lighting fixtures.<\/li><li>Ensure proper insulation of the building and all plumbing.<\/li><li>Replace single-pane windows with double-paned ones or install storm windows or shades.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategy 2: Increase rents\/leases:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Charge more for luxury units (e.g., penthouse).<\/li><li>Charge additional fees for on-site amenities (e.g., fitness center).<\/li><li>Use a leasing agent to negotiate better deals for tenants and collect more <a href=\"https:\/\/propertyonion.com\/education\/what-is-the-price-to-rent-ratio-and-how-to-use-it-to-profit\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"upfront rent (opens in a new tab)\">upfront rent<\/a>.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategy 3: Increase the value of the property:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Update the landscaping and paint the exterior of the building.<\/li><li>Do a better job marketing the property.<\/li><li>Remodel individual units to increase their value and marketability.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategy 4: Improve the neighborhood:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Survey residents to determine what they like about living there and what they don&#8217;t like about your property.<\/li><li>Address issues people have with the local county government, such as roads, security, and social amenities.<\/li><li>Look for opportunities to build new units and increase the value of your property.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Importance_of_Net_Operating_Income\"><\/span><strong>The Importance of Net Operating Income<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Most people think their property&#8217;s value is based on its appraised value, but the true value can be found in its net operating income. Here are some reasons why it&#8217;s essential to calculate this figure accurately:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Gives you a more accurate idea of your profits.<\/li><li>Helps you decide what to do with your property, whether it be renting or selling.<\/li><li>Shows whether a property is worth improving or not since the improvements will affect your bottom line.<\/li><li>Allows you to compare properties easily and helps you find the best deal for your money.<\/li><li>Can give you an idea of how much to offer on a property and what to ask in rent.<\/li><li>Helps you prepare for the future. If you&#8217;re trying to save up for a property and have a certain amount in mind that would be enough, this calculation can help you figure out how long it would take to recoup your initial investment.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Turn_Your_Assets_into_Income_Today\"><\/span><strong>Turn Your Assets into Income Today!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Ultimately, you need to&nbsp;<a href=\"https:\/\/propertyonion.com\/education\/what-is-due-diligence-in-real-estate\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">do your research<\/a>&nbsp;and be as knowledgeable as you can. Understand how a property&#8217;s expenses affect its value and consider this when doing valuation estimates. Know those numbers inside out and understand how they affect the overall net operating income of a property. Finally, never be afraid to ask. If there is something you don&#8217;t understand or if you have any questions,&nbsp;<a href=\"https:\/\/propertyonion.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">get in touch with us<\/a>.<\/p>\n\n<p>Understanding net operating income in real estate is essential before bidding at <a href=\"https:\/\/propertyonion.com\/education\/understanding-foreclosure-auctions-in-florida\/\" target=\"_blank\" rel=\"noopener\">florida foreclosure auctions<\/a>, since distressed properties require projecting stabilized rental income and expenses to determine whether the acquisition price generates an acceptable return after renovation.<\/p><p>The <a href=\"https:\/\/propertyonion.com\/education\/what-is-a-cap-rate-in-real-estate\/\" target=\"_blank\" rel=\"noopener\">cap rate real estate<\/a> formula is directly derived from net operating income in real estate: divide NOI by the property value to get the capitalization rate, which lets you compare return potential across different properties using a single standardized metric.<\/p><p>The <a href=\"https:\/\/propertyonion.com\/education\/what-is-the-gross-rent-multiplier\/\" target=\"_blank\" rel=\"noopener\">gross rent multiplier<\/a> is a faster but less precise alternative to net operating income in real estate analysis. Use the GRM for quick first-pass screening, then calculate full NOI for any property that passes your initial filter before making a final acquisition decision.<\/p><p>Insurance costs in Florida have become one of the most significant variables in net operating income in real estate calculations for rental properties. Review our guide on <a href=\"https:\/\/propertyonion.com\/education\/floridas-home-insurance-nightmare-how-skyrocketing-costs-are-squeezing-real-estate-investors\/\" target=\"_blank\" rel=\"noopener\">florida home insurance for investors<\/a> to understand how premium levels affect NOI projections across different Florida markets.<\/p><p>Investors who are <a href=\"https:\/\/propertyonion.com\/education\/how-to-snowball-your-rental-portfolio-for-explosive-growth\/\" target=\"_blank\" rel=\"noopener\">snowballing their rental portfolio<\/a> use net operating income in real estate as their primary metric for evaluating whether each new acquisition will support the refinancing needed to pull capital out and deploy it into the next deal in the growth cycle.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Net_Operating_Income_in_Real_Estate_Drives_Property_Valuation\"><\/span>Why Net Operating Income in Real Estate Drives Property Valuation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"background-color:#eef6fd; border-left:5px solid #1a73b8; border-radius:6px; padding:24px 28px; margin:32px 0; font-family:Georgia, serif;\"><p style=\"font-size:20px; font-weight:bold; color:#1a3a5c; margin:0 0 10px 0;\">Get Complete Florida Auction Coverage at PropertyOnion<\/p><p style=\"font-size:15px; color:#2c4a6e; margin:0 0 14px 0;\">Whether you are evaluating your first deal or managing an active portfolio, <strong>PropertyOnion.com<\/strong> has the tools you need. Access all Florida county auctions and download our free investor eBooks covering every stage of the process.<\/p><a href=\"https:\/\/propertyonion.com\/?&#038;reference_member_id=wpposts45&#038;ref2=wpposts45\" target=\"_blank\" rel=\"noopener\" style=\"display:inline-block; background-color:#1a73b8; color:#ffffff; font-family:Arial, sans-serif; font-size:15px; font-weight:bold; padding:12px 24px; border-radius:4px; text-decoration:none;\">Claim Free Trial Access<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Understanding net operating income in real estate is one of the most fundamental skills a real estate investor can develop, since this single metric sits at the heart of how professional investors evaluate, price, and&hellip;<\/p>\n","protected":false},"author":35,"featured_media":5015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[452,419,450,325,448,447,449,451,240],"class_list":["post-4772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing-articles","tag-cash-flow","tag-florida-real-estate","tag-investment","tag-investment-returns","tag-net-operating-income","tag-noi","tag-online-calculator","tag-profits","tag-rentals"],"_links":{"self":[{"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/posts\/4772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/comments?post=4772"}],"version-history":[{"count":10,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/posts\/4772\/revisions"}],"predecessor-version":[{"id":13951,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/posts\/4772\/revisions\/13951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/media\/5015"}],"wp:attachment":[{"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/media?parent=4772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/categories?post=4772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertyonion.com\/education\/wp-json\/wp\/v2\/tags?post=4772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}