Type of Property: Office Building Leasable Space: 50,000 square feet Average Rent: $25 per square foot per year Expected Rent Growth: 2.5% per year Vacancy and Collection Losses: 15% of potential gross income Other Income: $1.50 per square foot per year Expected Growth in Other Income: 3% per year Operating Expenses: 45% of effective gross income Capital Expenditures: 5% of effective gross income Going-In Cap Rate: 7% Going-Out Cap Rate: 7.125% Selling Expenses: 7.5% of future selling price Discount Rate: 8% What is NOI in year 1 What is NOI in year 2 What is NOI in year 3 What is NOI in year 4 What is NOI in year 5 What is NOI in year 6 What is the net sales proceeds What is the market value of the office building