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Question 12 10 pts Complete this table to prepare a pro-forma financial statement to analyze financing a 50 unit apartment building with the following facts.
Question 12 10 pts Complete this table to prepare a pro-forma financial statement to analyze financing a 50 unit apartment building with the following facts. Show how you answered the question. a) potential rent = $2,000/month; use 5% vacancy loss b) operating expenses= 30% of gross potential rent c) property taxes = $750/unit d) replacement reserves= $250/unit c) property valued at $13,000,000 d) loan to value= 75% e) interest rate= 4.25% f) loan amortization=30 years Show how you calculated the answer. # of apartments potential rent vacancy loss EGI operating expenses property taxes replacement reserves property value loan amount debt service breakeven occupancy debt coverage Question 12 10 pts Complete this table to prepare a pro-forma financial statement to analyze financing a 50 unit apartment building with the following facts. Show how you answered the question. a) potential rent = $2,000/month; use 5% vacancy loss b) operating expenses= 30% of gross potential rent c) property taxes = $750/unit d) replacement reserves= $250/unit c) property valued at $13,000,000 d) loan to value= 75% e) interest rate= 4.25% f) loan amortization=30 years Show how you calculated the answer. # of apartments potential rent vacancy loss EGI operating expenses property taxes replacement reserves property value loan amount debt service breakeven occupancy debt coverage
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