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Estimating vacancy and collection losses at 5% of gross income, reconstruct. Required 1%. Calculate the property's indicated market value if the required rate of return is 1

Estimating vacancy and collection losses at 5% of gross income, reconstruct. Required 1%. Calculate the property's indicated market value if the required rate of return is 1

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Given the following owner's income and expense estimates for an apartment property formulåte a reconstructed operating statement. The building consists of. 10 units thát could rent for shs. 550 per month each. (d) Owner's income statement Rental income (last year). Less expenses Power Sh. 60,600 2,200 1,700 4,600 3,700 4,800 2,800 3,000 5,000 6,300 Heat Janitor Water Maintenance Reserves for repiacements Manageinent Depreciation Mortgage payments Net income 34,100 26,500
Transcribed Image Text:Given the following owner's income and expense estimates for an apartment property formulåte a reconstructed operating statement. The building consists of. 10 units thát could rent for shs. 550 per month each. (d) Owner's income statement Rental income (last year). Less expenses Power Sh. 60,600 2,200 1,700 4,600 3,700 4,800 2,800 3,000 5,000 6,300 Heat Janitor Water Maintenance Reserves for repiacements Manageinent Depreciation Mortgage payments Net income 34,100 26,500
Estimating vacancy and collection losses at 5% of gross income, reconstruct. Required Calculate the property's indicated market value if the required rate of return is 11%.
Transcribed Image Text:Estimating vacancy and collection losses at 5% of gross income, reconstruct. Required Calculate the property's indicated market value if the required rate of return is 11%.
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