Question
An apartment complex has total rent of $1.8 million and an NOI of $678,000. Apply the three valuation methods we discussed in the class using
An apartment complex has total rent of $1.8 million and an NOI of $678,000. Apply the three valuation methods we discussed in the class using whatever rates and ratios you feel are appropriate in your professional judgement. Additionally, based on the NOI and your best guess as to current commercial mortgage rates, use the maximum sustainable debt service to calculate is the maximum amount of debt this property could sustain?
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ANS WER Capital ization Rate 678 000 1 8 million 0 37 This means that for every dollar of ...Get Instant Access to Expert-Tailored Solutions
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
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