You are a real estate investor that has an interest in purchasing a multifamily property in Atlanta, Georgia. You received the offering brochure and you discovered that this is a 100 unit apartment complex near the Grove Park. In using your analytical skills, including your ability to analyze this market, perform a Before Tax/ No Financing Analysis on this apartment complex. The market information is as follows: 26. Rents are $900 per month and will increase at a rate of 3% per year. 27. Vacancy rates are 5% 28. There is laundry income in year 1 in the amount of $1,600 and will continue to increase at a rate of 2% per year. 29. Operating expenses are estimated to be approximately 44% of collected income. 30. Sales price should be calculated using Year 6 NOI capped at 5% 31. Cost of sale is 5% Using the worksheet on the below conduct a Before Tax/ No Financing Analysis and answer the following questions: 32. What is year three potential rental income? 33. What is year four other income?