11. Calculate the net income multiplier for this property. First-year NOI: $18,750, Acquisition price: $150,000, Equity Investment: 20%.

a. 1.6 b. 0.1 c. 8.0 d. 12.5

12. Calculate the loan-to-value ratio for this property. Loan amount: $450,000, Interest rate: 7.5%, Acquisition price: $550,000

a. 0.18 b. 0.82 c. 0.99 d. 1.22

13. Calculate the cap rate for the following apartment complex. 15 Units; Monthly market rent: $1000; Vacancy rate 10% of potential gross income; Operating Expenses: 5% of effective gross income; Capital Expenditures: 10% of effective gross income; Acquisition Price: $1,710,000.

a. 8.1% b. 9.0% c. 9.5% d. 10.5%

14. Given the following information, calculate the equity dividend rate for this investment. First -year NOI: $87,750, Acquisition price: $1,250,000, Equity Investment: 35%; Before-tax cash flow: $53,500.

a. 4.3% b. 7.0% c. 12.2% d. 10.1%

15. Given the following information, calculate the acquisition price of the property. First-year NOI: $57,750, cap rate: 8.5%, Equity Investment: 30%.

a. $192,500 b. $203,824 c. $679,412 d. $2,264.706