Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Just Looking For Help On Questions 3, 4, and 5??? #1 is $210,000 and #2 is $10.50. Thanks For the Help Suite 1 What is
Just Looking For Help On Questions 3, 4, and 5??? #1 is $210,000 and #2 is $10.50.
Thanks For the Help
Suite 1 What is the total Annual Base Rent of the Property? 2 3 4 Tenant Sub Shop World's Best Coffee Dry Cleaners Pizzaria Tan I Am World Travels Scoops Ice Cream Flap Jacks Mr. Movies Mr. Burritos 5 Sq. Ft. 1500 1500 1000 2000 1500 1000 1500 3000 5000 2000 Commencement Date Expiration Date Monthly Rent 5/1/2008 4/30/2022 $ 1,200.00 1/1/2011 12/31/2021 $ 1,200.00 11/1/2009 10/31/2021 $ 800.00 2/1/2008 1/31/2023 $ 2,000.00 6/1/2010 1/31/2020 $ 1,500.00 1/1/2008 12/31/2022 $ 800.00 12/1/2009 11/30/2020 $ 1,000.00 5/1/2008 6/30/2020 $ 3,000.00 6/1/2008 2/28/2020 $ 4,000.00 8/1/2010 10/31/2023 $ 2,000.00 6 2 What is the Average Annual Rent per Sq. Ft. of the Property? 7 8 9 10 3 What is the Tenant rollover percentage over the next 12 months? 4 If the Borrower wanted to refinance this Property; what issues, if any, might the Borrower have? * Formulas / Calculations can be used * Please save your work * Analyze assuming today's date 5 If this Borrower wanted to refinance with a new Loan for $1,500,000 with a 4% interest rate, would you lend the Borrower the funds? Why or why not? What additional information might you need to make a decision? Suite 1 What is the total Annual Base Rent of the Property? 2 3 4 Tenant Sub Shop World's Best Coffee Dry Cleaners Pizzaria Tan I Am World Travels Scoops Ice Cream Flap Jacks Mr. Movies Mr. Burritos 5 Sq. Ft. 1500 1500 1000 2000 1500 1000 1500 3000 5000 2000 Commencement Date Expiration Date Monthly Rent 5/1/2008 4/30/2022 $ 1,200.00 1/1/2011 12/31/2021 $ 1,200.00 11/1/2009 10/31/2021 $ 800.00 2/1/2008 1/31/2023 $ 2,000.00 6/1/2010 1/31/2020 $ 1,500.00 1/1/2008 12/31/2022 $ 800.00 12/1/2009 11/30/2020 $ 1,000.00 5/1/2008 6/30/2020 $ 3,000.00 6/1/2008 2/28/2020 $ 4,000.00 8/1/2010 10/31/2023 $ 2,000.00 6 2 What is the Average Annual Rent per Sq. Ft. of the Property? 7 8 9 10 3 What is the Tenant rollover percentage over the next 12 months? 4 If the Borrower wanted to refinance this Property; what issues, if any, might the Borrower have? * Formulas / Calculations can be used * Please save your work * Analyze assuming today's date 5 If this Borrower wanted to refinance with a new Loan for $1,500,000 with a 4% interest rate, would you lend the Borrower the funds? Why or why not? What additional information might you need to make a decisionStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started