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What is the NOI, Net Cash Flow, Return on Equity and Loan Constant for a multifamily apartment building, given the following information? Number of Units:200
What is theNOI, Net Cash Flow, Return on EquityandLoan Constantfor a multifamily apartment building, given the following information?
- Number of Units:200
- 1 Br.60
- 2 Br.100
- 3br.40
- Average Base Rents:
- 1 Br.$850 per month
- 2 Br.$1,100 per month
- 3br.$1,300 per month
- Trash Recovery:$30 per month, per unit
- Utility Recovery:$110 per month, per unit
- Vacancy:5.5%
- Operating Expenses:40% of Effective Gross Income
- Concessions:1.0%
- Rents Written Off:1.5%
- Cap Rate:8.0%
- Loan to Value:75%
- Mortgage Interest Rate:5.75%
- Amortization:30 years
- Debt Service:Student Calculate
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