Question
Hi I have some finance proplems and I need your help to solve them and show me how you get the answers. *Chooes the correct
Hi I have some finance proplems and I need your help to solve them and show me how you get the answers.
*Chooes the correct answer
1- In appraising a single- family home, you have found the following com-parables and you have assigned the corresponding weights to these comps based on their degree of comparability to subject property what is the reconciled GRM given the following information ?
Sale price | Monthly rent | Weight | GRM |
$179,000 | $1,650 | 50% |
|
$149,750 | $1,300 | 15% |
|
$187,500 | $1,700 | 35% |
|
A) 112.10
B)101.32
C)102.10
D)110.12
2-
A 12- unit apartment building, with half the units renting for $ 1,050 per month and theother half of the units renting for $1,100 per month, is being appraised. The building is experiencing a 7% vacancy rate, and the operating expenses are expected to be$57600 for the coming year. Using the table provided , calculate the buildings net operating income (NOI)
PGI -Vacancies EGI -Operating expenses NOI |
3- You areappraising a 4000-square- foot office building which is currently renting for $12.50 per square- foot. Given a 9% vacancy rate and operating expenses of $17,300 for the coming year, what is the expected NOI for next year?
A) $50,000
B) $45,500
C) $28,200
D) $32,700
Thank you.
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