Canvas D Question 38 Use the following information to answer questions 38-50 Commercial Property Leasable Space Average Annual Rent $17.00/sqft LTV +20% of EGI 80% . 6% 300,000 sq ft Cap Expenditures Loan Interest Rate Average Annual Rent Gnth-2.5%/year V&C Losses Operating Expenses Miscellaneous Income :$1.50/sq ft Ml Annual Growth Going-out Cap Rate =8% of PGI Amortization :30yrs #35% of EGI %Bldg/Total Value .75% Corporate Tax Rate-30% Cap Gain/Tax Rate Accum Dep Tax Rate-25% Years of Ownership 5 years Purchase Price $22.5M 2%/year = 15% 10.5% +10% # 6% Discount Rate Selling Expenses ,3 2 4 Canvas D Question 38 Use the following information to answer questions 38-50 Commercial Property Leasable Space Average Annual Rent $17.00/sqft LTV +20% of EGI 80% . 6% 300,000 sq ft Cap Expenditures Loan Interest Rate Average Annual Rent Gnth-2.5%/year V&C Losses Operating Expenses Miscellaneous Income :$1.50/sq ft Ml Annual Growth Going-out Cap Rate =8% of PGI Amortization :30yrs #35% of EGI %Bldg/Total Value .75% Corporate Tax Rate-30% Cap Gain/Tax Rate Accum Dep Tax Rate-25% Years of Ownership 5 years Purchase Price $22.5M 2%/year = 15% 10.5% +10% # 6% Discount Rate Selling Expenses ,3 2 4