Question
Based on the following information, Salaries and Wages: $18,944 Utilities: $4,726 Net Rental Income: $262,968 Real Estate Taxes: $28,273 General & Administrative: $18,921 Other Income:
Based on the following information,
Salaries and Wages: $18,944 Utilities: $4,726 Net Rental Income: $262,968 Real Estate Taxes: $28,273 General & Administrative: $18,921 Other Income: $15,435 Repairs and Maintenance: $30,459.
Using the information from question #3 and a debt service of $153,983, calculate the break-even ratio (BER) and interpret the result (what does this mean to an investor --- be thorough in your response).
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
