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2. Given the following: Number of Units 150 Vacancy Rate 5% Monthly Rent $1,000 Operating Expenses $800,000 Collection Loss 2% Debt Services $360,000 Calculate on
2. Given the following:
Number of Units 150
Vacancy Rate 5%
Monthly Rent $1,000
Operating Expenses $800,000
Collection Loss 2%
Debt Services $360,000
Calculate on an Annual Basis:
What is the Potential Gross Income?
What is the Effective Gross Income?
What is the Net Operating Income?
What is the Before Tax Cash Flow?
Utilizing a capitalization rate of 9.5%, what is the estimated value of the property?
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