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Given the following information provide an analysis that answers the questions at the end of the assignment. Purchase Price: $4,250,000 Rents: Tenant Unit 1 Unit

Given the following information provide an analysis that answers the questions at the end of the assignment.

Purchase Price: $4,250,000

Rents:

Tenant

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Unit 6

Unit 7

Unit 8

Monthly Rent

$5,400

$5,400

$6,200

$3,500

$3,600

$3,300

$3,700

$3,100

Year 1 NOI: $248,678

NOI Growth Rate: 2.6%

Loan:

LTV: 75%

Amortization Period: 25 years, Term: 10 years

Interest Rate: 3.35%

Lender Points: 2%

Selling Costs: 3%

Going Out Cap Rate: 5.5%

Discount Rate: 10%

Questions:

So far I have going-in cap rate = 5.85%

PGI= 410,400

  1. What is the DSCR?
  2. What is the sale price after the five-year hold?
  3. What is the loan balance at sale?

Can you teach me how to do this on excel?

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