General Assumptions

Gross SF = 10,000 Rentable SF. = 8,000 Rent/RSF. = $70.00 Expenses/GSF. = $16.00 Expense Growth Rate/yr. = 2%

Income Growth Rate: Year 2, 4, 6 = 6%

Vacancy/Credit Loss = 3%

Purchase Price = $6,200,000

Purchase Cap Rate = 6.20%

Hold Period = 5 years Exit Cap Rate = 6.50%

Financing Assumptions

LTV = 70% Interest Rate= 3.60%

Amortization = 25

ASSIGNMENT

You are to enter data/formulas

1. Amount of Debt financing 2. Amount of Equity required 3. Monthly Debt Service