An investment opportunity having a market price of $1,100,000 is available. Your expectation includes these: first-year gross potential income of $320,000; vacancy and collection losses equal to 15 percent of gross potential income; operating expenses equal to 35 percent of effective gross income; and capital expenditures equal to 10 percent of effective gross income. You could obtain a $775,000, 30-year mortgage loan requiring equal monthly payments with interest at 6.5 percent.

For the first year only, determine the:

a. Net operating income (1 pts)

b. Effective gross income multiplier (2 pts)

c. Operating expense ratio (including CAPX) (2 pts)

d. Monthly and annual payment (2 pts)

e. Debt coverage ratio (2 pts)

f. Debt yield ratio (2 pts)

g. Overall capitalization rate (2 pts)

h. Equity dividend rate (2 pts)