Create a real estate 6 year Discount Cash Flow analysis. Expenses are based on looking up taxes on Phila.org.; assume property insurance is $.20/sf; CAM is $1.00/sf; property management is 5% of effective gross income. Sell the asset at the end of 6 years (less a 3% selling commission) at a FV cap rate of 10%. Discount rate is 7%.

Rent is 2500

number of units = 20

Taxes = 16,000 per year

Insurance = 3,000 Per year

Vacancy rate = 15%