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calculate your NOI, acquisition (going in) cap rate, Debt service coverage ratio, and net income multiplier You are considering the acquisition of the Skyfall Apartments

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calculate your NOI, acquisition (going in) cap rate, Debt service coverage ratio, and net income multiplier

You are considering the acquisition of the Skyfall Apartments in Austin. The offering memorandum provided the broker at CBRE contains the following information: Number of Units: 400 Avg. Sq. Ft. per Unit: 940 Market Rent per Sq. Ft. per month: $2.10 Vacancy & Collection Loss per Sq. Ft. per month: $0.12 Expenses per Sq. Ft. per month: $0.60 Purchase price: $100,000,000 You called your banker at ABC Bank, and she is willing to make you a loan on the following terms: LTV: 70% Interest Rate: 4.56% Amortization: 30 years Origination Fee: 1.5% of Loan Amount Other Borrower Closing Costs: $150,000 You are considering the acquisition of the Skyfall Apartments in Austin. The offering memorandum provided the broker at CBRE contains the following information: Number of Units: 400 Avg. Sq. Ft. per Unit: 940 Market Rent per Sq. Ft. per month: $2.10 Vacancy & Collection Loss per Sq. Ft. per month: $0.12 Expenses per Sq. Ft. per month: $0.60 Purchase price: $100,000,000 You called your banker at ABC Bank, and she is willing to make you a loan on the following terms: LTV: 70% Interest Rate: 4.56% Amortization: 30 years Origination Fee: 1.5% of Loan Amount Other Borrower Closing Costs: $150,000

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