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Given the following information, calculate the following (assuming all increases in Revenue drops directly to the Net Operating Income): Capacity 100 units Average Rent $3,900
Given the following information, calculate the following (assuming all increases in Revenue drops directly to the Net Operating Income):
Capacity | 100 units |
Average Rent | $3,900 |
Current Occupancy | 90 apartments |
Projected Occupancy | 95 units |
Cap Rate | 9% |
Using the numbers above and changing the Average Rent to $4,200 along with projected occupancy:
Total monthly revenue with projected occupancy:
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