Given the following information calculate the propertys NOI [8 points] and BTCF [7 points]. You must show all your calculations to receive full credit. Number of units = 20 Monthly rent per unit = $1,300 Vacancy rate = 7.5 percent Depreciation = $50,000 per year Annual operating expenses = $161,800 Annual Miscellaneous Income = $35,000 Annual Capital Expenditures = $32,000 Loan Amount = $2,000,000 Loan Terms = 30-year fully amortizing with monthly payments Loan Interest Rate = 5.0% Taxes Paid = $50,000