Question
help me find the purchase price and other metrics: Purchase assumptions Date of purchase: 12/31/23 Cap rate: 6.5% based on 2024 NOI (forward cap rate)
help me find the purchase price and other metrics: Purchase assumptions Date of purchase: 12/31/23 Cap rate: 6.5% based on 2024 NOI (forward cap rate) Bank Terms Fully amortizing loan Term: 25 years Payments: monthly Interest rate: 6.25% DSCR: 1.25 LTV: .75 You should secure the largest mortgage that you can get from the bank Operating assumptions 2024 Unit 1 rent: $925 per month 2024 Unit 2 rent: $1,250 per month 2024 Unit 3 rent: $1,570 per month Annual rent growth rate (for all units) starting 2025: 3.0% Vacancy rate (for all units): 5.0% (all periods) Maintenance: 17.0% of net revenue (all periods) Operations: 25.0% of net revenue (all periods) Exit Assumptions (provided by the agent selling the project) Date of Sale / Reversion: 12/31/28 Cap rate: 6.0% based on 2028 NOI (trailing cap rate) Your firms cost of capital: 8.0% (annual discount rate information I need to find: 2024 NOI Purchase Price Max Monthly DSCR Payment Max DSCR Debt Max LTV Debt Max Debt Required Equity Contribution 2028 NOI Sale of Building Debt Outstanding Cash to Equity Initial Investment Profit Discount Rate 8.00% Monthly Discount Rate PV Excess CF PV Reversion CF Total PV NPV Monthly IRR Annual IRR
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