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CALCULATIONS (50 POINTS) On another sheet, complete the pro forma using your personal expectations given the following inputs. Also please describe what you think is
CALCULATIONS (50 POINTS) On another sheet, complete the pro forma using your personal expectations given the following inputs. Also please describe what you think is occurring here based on the information you've been provided. Explain all your assumptions. Rate Assumptions: Base Rent Year Over Year Growth Vacancy Rate % Credit Loss % Gross Income Expense Year Over Year Growth Management Fee % Reimbursables Leasing Commissions Year 1 0.00% 2.00% 15.00% 0.00% Year 2 2.00% 2.00% 15.00% 0.00% Year 3 8.00% 20.00% 2.00% 5.00% Year 4 5.00% 2.00% 5.00% 4.00% Year 5 0.67% 3.00% 4.00% 4.00% 0.00% 0.00% 5.00% 2.00% 2.00% Gross Square Footage Elevators Elevator Lobbies Cell Antenna Partnership Lease rents Capitalization Ratio California Property Tax 1,000,000 15% 10% $4000 / mo. $2.00 / sq. ft. 7.00%
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