Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show formulas if possible Turtle Tower General data: Income: Disposition: The Tasty Turtle SF Rent (as of 1/2023) Rent escalation Expense stop Remaining lease

image text in transcribedimage text in transcribedplease show formulas if possible

Turtle Tower General data: Income: Disposition: The Tasty Turtle SF Rent (as of 1/2023) Rent escalation Expense stop Remaining lease term Renewal 100% Conor \& Conor SF \begin{tabular}{|l|l} \hline Reimbursements & Base stop \\ \hline \end{tabular} Operating expenses: \begin{tabular}{|l|l|r|r|} \hline Utilities & 3.25/sf,25% fixed & 3.25 & Inflation \\ \hline \%6 fixed & & 0.25 & \\ \hline Real estate taxes & 125,000 & 125,000.00 & 2% \\ \hline Insurance & 80,000 & 80,000.00 & Inflation \\ \hline Repairs \& Maintenance & 33,500 & 33,500.00 & Inflation \\ \hline Management (Non-reimbursable 2%6 of EGI & 2%6 & \end{tabular} Capital expenses: Reserves 0.20/ sf 0.20 Inflation Before tax cash flow from operations Tax liability After tax cash flow from operations Taxable income: NOI Mortgage interest Amortization - orig fee Amortization - lease commission Depreciation - structure Depreciation - reserves Depreciation - TI Taxable income Tax liability Before tax cash flow from sale Tax liability After tax cash flow from sale Taxable capital gain: Purchase price Total gain Accumulated depreciation Accumulated depreciation Accumulated capital exp Capital appreciation Book value Tax liability Capital gain Depreciation recapture Total capital gain tax After tax cash flows ATIRR Turtle Tower General data: Income: Disposition: The Tasty Turtle SF Rent (as of 1/2023) Rent escalation Expense stop Remaining lease term Renewal 100% Conor \& Conor SF \begin{tabular}{|l|l} \hline Reimbursements & Base stop \\ \hline \end{tabular} Operating expenses: \begin{tabular}{|l|l|r|r|} \hline Utilities & 3.25/sf,25% fixed & 3.25 & Inflation \\ \hline \%6 fixed & & 0.25 & \\ \hline Real estate taxes & 125,000 & 125,000.00 & 2% \\ \hline Insurance & 80,000 & 80,000.00 & Inflation \\ \hline Repairs \& Maintenance & 33,500 & 33,500.00 & Inflation \\ \hline Management (Non-reimbursable 2%6 of EGI & 2%6 & \end{tabular} Capital expenses: Reserves 0.20/ sf 0.20 Inflation Before tax cash flow from operations Tax liability After tax cash flow from operations Taxable income: NOI Mortgage interest Amortization - orig fee Amortization - lease commission Depreciation - structure Depreciation - reserves Depreciation - TI Taxable income Tax liability Before tax cash flow from sale Tax liability After tax cash flow from sale Taxable capital gain: Purchase price Total gain Accumulated depreciation Accumulated depreciation Accumulated capital exp Capital appreciation Book value Tax liability Capital gain Depreciation recapture Total capital gain tax After tax cash flows ATIRR

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

11th International Edition

1259094901, 9781259094903

More Books

Students also viewed these Finance questions

Question

=+a) What is the maximin choice?

Answered: 1 week ago