Given the following:

Number of Units 125

Vacancy Rate 5%

Monthly Rent $1,000

Operating Expenses $800,000

Collection Loss 2%

Debt Service $360,000

Calculate on an Annual Basis:

(There are no negative numbers in this answer)

a. What is the Potential Gross Income (PGI)?

b. What is the Effective Gross Income (EGI)?

c. What is the Net Operating Income (NOI)?

d. What is the Before Tax Cash Flow (BTCF)?

e. Utilizing a capitalization rate of 9.5%, what is the estimated value of the property?

If possible, please use a financial calculator and show me how to solve as I need to learn this concept for this class.