Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

A project has potential gross rents of $985,000. Vacancy is 8%. Total expenses are 30% of gross rents. Annual debt service is $192,000. What is

A project has potential gross rents of $985,000. Vacancy is 8%. Total expenses are 30% of gross rents. Annual debt service is $192,000. What is net cash flow after debt service? Excel $418,700 $442,340 $448.250 $497,500 $610,700

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 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

Cornerstones Of Cost Management

Authors: Don R. Hansen, Maryanne M. Mowen

3rd Edition

493

Students also viewed these Finance questions

Question

A quarter of your applications should be to programs where you are slightly below the statistics of their recent admissions (i.e., last 2 years).

Answered: 1 week ago

Question

★★★★★

Jay Mills started a business by issuing a $60,000 face value note to State National Bank on January 1, 2013. The note had a 6 percent annual rate of interest and a 10-year term. Payments of $8,152...

Answered: 1 week ago

Question

★★★★★

Salmon Arm Savings Credit Union (SASCU) has operated in the Shuswap region of BC for last 25 years. In the summer of 20x3, after decades of operation as a prosperous paper mill, the Genelle sawmill...

Answered: 1 week ago

Question

★★★★★

Caoe Corp. will pay a dividend of $3.00 next year. The company has stated that it will maintain a constant growth rate of 4.5 percent forever. If you want a return of 15 percent, how much will you...

Answered: 1 week ago

Question

★★★★★

The pilot choke option: A. B. C. Is an orifice in the main pressure port of a two stage directional valve used to reduce flow to the system. Is a device that throttles the flow of pressurized fluid...

Answered: 1 week ago

Question

★★★★★

The well-insulated, rigid storage tank in the figure below contains air and carbon dioxide, separated by a moveable divider that allows for heat transfer to occur between the two gases. If the air...

Answered: 1 week ago

Question

★★★★★

53. The following are production and cost data for two products, buckets and pails, produced in batches of 600 each. Contribution margin per batch Machine set-ups needed per batch Buckets Pails $360...

Answered: 1 week ago

Question

★★★★★

Use the following is the equilibrium phase diagram for the iron-carbon system to answer the following questions. (Please round compositions to the nearest 0.1 wt.% in your answers and calculations)...

Answered: 1 week ago

Question

★★★★★

Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is...

Answered: 1 week ago

Previous Question Next Question