Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A 20,000 SF office building has a full-service gross lease at $3.50 per month rent/SF, vacancy/collection loss is 5%, and expenses are $1.50 per month/SF

A 20,000 SF office building has a full-service gross lease at $3.50 per month rent/SF, vacancy/collection loss is 5%, and expenses are $1.50 per month/SF what are the following:

 What is the annual PGI

 What is the annual EGI

 What is the annual NOI

Step by Step Solution

3.39 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the various metrics lets define the terms first PGI Potential Gross Income The total ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance and Investments

Authors: William Brueggeman, Jeffrey Fisher

14th edition

73377333, 73377339, 978-0073377339

More Books

Students also viewed these Finance questions

Question

How does a firm dispose of over- or under-applied overhead costs?

Answered: 1 week ago

Question

How did the authors avoid the post hoc fallacy?

Answered: 1 week ago

Question

What are CAM charges?

Answered: 1 week ago