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Given the following table, what is the equity dividend rate (current yield) for Sale #3? Item Sale Price Sale #1 $2,980,620 $664,020 Sale #2 $3,013,926

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Given the following table, what is the equity dividend rate (current yield) for Sale #3? Item Sale Price Sale #1 $2,980,620 $664,020 Sale #2 $3,013,926 $719,400 Sale #3 $3,003,898 $617,400 Potential Gross Income 5.5% 5.0% 4.6% Vacancy Rate NIM 9.5 x 9.8 x Annual Debt Service $261,458 $745,155 105 $267,429 $753,482 10.2 x $218,148 $750,974 Equity Number of Units 110 98

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