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What is the NOI, Net Cash Flow, Return on Equity and Loan Constant for a multi family apartment building given the following information? 1. Number
What is the NOI, Net Cash Flow, Return on Equity and Loan Constant for a multi family apartment building given the following information? 1. Number of Units: 200 1 BR - 60 2 BR - 100 3 BR - 40 2. Average Base Rents: 1 BR - $850 per month 2 BR - $1,100 per month 3 BR - $1,300 per month 3. Trash Recovery - $30 per month, per unit 4. Utility Recovery - $110 per month per unit 5. Vacancy - 5.5% 6. Operating Expenses - 40% of Effective Gross Income 7. Concessions - 1.0% 8. Rents written off - 1.5% 9. Cap Rate - 8.0% 10. Loan to Value - 75% 11. Mortgage Interest Rate - 5.75% 12. Amortization- 30 years What is the Debt Service? What is the NOI? What is Net Cash Flow? What is Return on Equity? What is Loan Constant
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