Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 the NOI, Net Cash Flow, Return on Equity and Loan Constant for 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 NOI: Net Cash Flow: Return on Equity: Loan Constant
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started