CJ Investments Limited is seeking financing from Republic Bank Limited. They currently own a small strip mall in Port-of-Spain (freehold interest) that comprises 25 identical shop units, each with a lettable area of 100m2 . Only 3 of these units are vacant and the others rent (monthly) for $75 per m2 , excluding Common Area Maintenance (CAM) Fees, which is consistent with the market rates for shop units in this area. The average building expenses (per annum) over the last 3 years is $396,502.12. Compute: (i) The annual Net Operating Income (NOI) of the mall (ii) The Capital Value, assuming a net yield of 8%