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Ratio Analysis. Purchase Price = 25,000,000, Mortgage Amount 17,500,000 (with 3points). PGI= 3,000,000; VC=9%; OPEX= 925,000; CAPEX= 165,000; NOI= 1,640,000; Monthly Mortgage Payment = 105,000;
Ratio Analysis. Purchase Price = 25,000,000, Mortgage Amount 17,500,000 (with 3points). PGI= 3,000,000; VC=9%; OPEX= 925,000; CAPEX= 165,000; NOI= 1,640,000; Monthly Mortgage Payment = 105,000; RSF=85700. What is the going in Cap Rate?
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