obsolescence to be $50,000. If you have information on a comparable lot of 110.000 sq. ft. which recently sold for $250,000 and the only adjustment is $1.75 per sq. ft. for the difference in lot size, what is the indicated total value for the subject property. (20 percent) You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,000. You expect potential gross income (PGD) in the first year of operations to be $450,000; vacancy and gollection losses to be 9 percent of PGI; operating expenses to be 3 expenditures to be 4 percent of EGI 2. 8 percent of effective gross income (EGI); and capital a. What is the EGI for the first year? b. Assume above-line treatment, what is the NOI for the first year? c. What is the implied going-in capitalization rate? d. What is the effective gross income multiplier (EGIM)? 3. (20 percento Given the following information