Calculate the NOI of a property based upon the information provided below. • Building area: . Average base rents: .NNN recoveries: Vacancy rate: . . . . Operating expenses Percentage rent . Concessions . Annual debt service O 165,720 O 315,720 O 375.720 15,000 sqft $27.50 psf $4.00 psf 5.0% $4.30 psf $6,000 per year 3.0% $210,000 per year
Calculate the NOI of a property based upon the information provided below. • Building area: . Average base rents: .NNN recoveries: Vacancy rate: . . . . Operating expenses Percentage rent . Concessions . Annual debt service O 165,720 O 315,720 O 375.720 15,000 sqft $27.50 psf $4.00 psf 5.0% $4.30 psf $6,000 per year 3.0% $210,000 per year
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Calculate the NOI of a property based upon the information provided below:
Building area:
Average base rents:
.NNN recoveries:
Vacancy rate:
Operating expenses
.
.
• Percentage rent
. Concessions
. Annual debt service
165,720
O 315,720
O 375.720
440,220
O 478.500
O None of these
15,000 sqft
$27.50 psf
$4.00 psf
5.0%
$4.30 psf
$6,000 per year
3.0%
$210,000 per year
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