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If a 50,000 SF office building has the following tenants: Tenant 100 - $4.25 per month rent/SF, 10,000 SF Tenant 101 - $4.50 per month

If a 50,000 SF office building has the following tenants:

Tenant 100 - $4.25 per month rent/SF, 10,000 SF

Tenant 101 - $4.50 per month rent/SF, 15,000 SF

Tenant 200 - $4.00 per month rent/SF, 25,000 SF

Vacancy/collection loss is 10%,

Expenses include:

Janitorial $15,000 per month

Utilities $5,000 per month

Security $10,000 per month

Management 5% of EGI

Trash $3,000 per month

Maintenance $12,000 per month

what is PGI

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