• he building consists of 2 floors with the following (6) properties:
• 1st floor - (3) fine dining restaurants:
• (1) - Charles Mulligan's Steakhouse, renting for $3750/month
• (2) - Tom's Bistro, each renting for $2000/month
• 2ndfloor - (1) bar/lounge and (2) fast food joints (same company)
• (1) - Snakehole Lounge - renting for $3500/month
• (2) - Paunch Burgers (fast food), each renting for $1250/month
• Vacancy and Collection Losses: 7% per year
• Miscellaneous Income: $1,450
• Operating expenses: 20% per year

Capital expenditures: 6% per year 

Estimate the following for thePawnee's Dining Building.Round your answers to the nearest thousand. Answers should only contain numbers.Do not include signs, symbols or units (i.e do not include $ or %). Commas are not necessary

• he building consists of 2 floors with the following (6) properties:
• 1st floor - (3) fine dining restaurants:
• (1) - Charles Mulligan's Steakhouse, renting for $3750/month
• (2) - Tom's Bistro, each renting for $2000/month
• 2ndfloor - (1) bar/lounge and (2) fast food joints (same company)
• (1) - Snakehole Lounge - renting for $3500/month
• (2) - Paunch Burgers (fast food), each renting for $1250/month
• Vacancy and Collection Losses: 7% per year
• Miscellaneous Income: $1,450
• Operating expenses: 20% per year

Capital expenditures: 6% per year 

Estimate the following for thePawnee's Dining Building.Round your answers to the nearest thousand. Answers should only contain numbers.Do not include signs, symbols or units (i.e do not include $ or %). Commas are not necessary

• he building consists of 2 floors with the following (6) properties:
• 1st floor - (3) fine dining restaurants:
• (1) - Charles Mulligan's Steakhouse, renting for $3750/month
• (2) - Tom's Bistro, each renting for $2000/month
• 2ndfloor - (1) bar/lounge and (2) fast food joints (same company)
• (1) - Snakehole Lounge - renting for $3500/month
• (2) - Paunch Burgers (fast food), each renting for $1250/month
• Vacancy and Collection Losses: 7% per year
• Miscellaneous Income: $1,450
• Operating expenses: 20% per year

Capital expenditures: 6% per year 

Estimate the following for thePawnee's Dining Building.Round your answers to the nearest thousand. Answers should only contain numbers.Do not include signs, symbols or units (i.e do not include $ or %). Commas are not necessary

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

b)What is estimated Effective Gross Income (EGI)?

Optional: What are the total operating expenses (OE)?

Optional: What are the total reserves for capital expenditures (CAPX)

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

d)Suppose the average overall capitalization rate for thecomparable properties is 7.65%.What is the indicated value using the cap rate?

e)Now suppose this is a small income-producing property andtheaverageEffective Gross Income Multiplier (EGIM) for the comparable is 8.64.What is the indicated value using the EGIM?