In an attempt to reconstruct an owner's operating statement for an apartment complex, you have collected the following data on comparable properties. All comparable units have 3 bedrooms, 2 bathrooms in each unit. Apartment Complex Property A $750 Property B $775 Property C $860 Monthly Rent Square Foot per Unit Number of Units Vacancies 875 60 2. 900 40 1000 70 Calsulate the woighte ancy rate

In an attempt to reconstruct an owner's operating statement for an apartment complex, you have collected the following data on comparable properties. All comparable units have 3 bedrooms, 2 bathrooms in each unit. Apartment Complex Property A $750 Property B $775 Property C $860 Monthly Rent Square Foot per Unit Number of Units Vacancies 875 60 2. 900 40 1000 70 Calsulate the woighte ancy rate

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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Sulaiman just graduated from his study last year. Currently, he started working with one company in Alor Setar, Kedah and his job requires him to travel frequently. Sulaiman has two choices whether to purchase or to lease a car. The following information is available for him to make the decision. Purchase cost Down payment Loan payment monthly Estimated value Leasing cost Security deposit Lease payment per month RM4,900 RM520 for 108 RM860 RM598 for 96 months months of vehicle at end End-of-lease of loan RM24,000 RM1,850 charges term/ownership period Opportunity cost interest rate: 5% i) Based on the information above, determine which alternative should be considered by Sulaiman. Prove your answer with calculation.
ences Rental Costs. Annual rent Insurance Security deposit Buying Costs Annual mortgage payments Property taxes Insurance, maintenance Down payment, closing costs Growth in equity Estimated annual appreciation $ 7,520 152 1,050 Rental cost Buying cost Total Cost $ 10,600 ($ 9,606 is interest) 2,170 Assume an after-tax savings interest rate of 5 percent and a tax rate of 28 percent. a. Calculate the total rental cost and total buying cost. 1,920 4,500 994 3,000
Condominiums usually require a monthly fee for various services. At $280 a month, how much would a homeowner pay over a period of 12 years for living in this housing facility? Total Fee
The insured has divided the insurance on its building as follows: $200,000 with insurer M and $300,000 with insurer R. The If there is a $100,000 loss, insurer M will pay: OA $40,000 OB. $60,000 C $66,666 $100,000 D.
In 2007, the median cost of a new home was $235,500 (source. https//www census gov/const/uspric emon.pdf). If the CPI in 2007 was 100, and the CPI in 2017 was 137.27, what would the cost of a new home in 2007 be in 2017 dollars? Do not include a dollar sign in your answer. Round your answer to two (2) decimal places if necessary
Hardev
poin(s) possible Eastwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: E (Click the icon to view the values.) Eastwood paid $265,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) ... Date Accounts and Explanation Debit Credit Land-Lot 1 Land-Lot 2 Land-Lot 3 Data table Cash To record sale of lots. Lot Appraised Value Lot 1 2$ 202,500 Lot 2 225,000 Lot 3 22,500 Print Done
MN.38. Levi brings in four Forms 1098 with mortgage interest for the following properties: First mortgage on his home: $157,350 balance with interest paid of $6,294. Equity debt on his home: highest balance for year of $47,000 (all used for home improvements) with interest paid of $1,880. Mortgage on his vacation home: $99,000 balance with interest of paid of $4,455. Mortgage on his rental property: $142,300 balance with interest paid of $6,403. How much is he able to deduct on Schedule A (Form 1040), Itemized Deductions, for interest reported on these forms? $8,174 $10,749 $12,629 $19,032 please don't choose 8,174 wrong
A buyer has agreed to purchase a home for $50,500. The buyer will assume a first mortgage in the amount of $32.200, will deposit $2.200 as earnest money, will deposit $5,600 in cash at cosing, and wl give the sellet a purchase- money mortgage for the balance. What is the amount of the purchase-money mortgage? a)$24,400 b)$18,300 c)$16,100 d)$10,500
Using the information from the three office building land sales. Assume that you are valuing a similar building of 30,000 square feet. What is the appropriate land value? Sales Price Building Size Land Size Sale 1 $550,000 27,500 SF 2.50 acres Sale 2 $625,000 31,250 SF 2.50 acres Sale 3 $650,000 32,500 SF 3.25 acres
Problem 8-34 (LO 8-1, 8-2) Kelvin owns and lives in a duplex. He rents the other unit for $750 per month. He incurs the following expenses during the current year for the entire property: Mortgage interest Property taxes Utilities Fixed light fixture in rental unit Fixed dishwasher in personal unit Painted entire exterior Insurance Depreciation (entire structure) Income Mortgage interest Property taxes Utilities Fix light (rental) Fix dishwasher Paint exterior Required: How are the above income and expenses reported on Kelvin's tax return? Note: Enter Schedule E expense as a negative number. Insurance Depreciation Personal Schedule A $ 7,500 2,000 1,500 $ 100 250 1,300 1,800 7,000 Schedule E 0 $ 0
7.3 - Mortgage Application Practice Using the table, find the assessed value of the house in this classified ad. Structural Rates per Square Foot Flat Rates 1st floor over basement $3.00 1st floor over slab $2.25 2nd floor $2.25 garage $1.00 dormer $1.00 barn $0.75 deck $0.50 shed $0.70 vinyl-lined pool $0.75 New Listing: Cape-Cod style home w/ 2 baths, 700 sq. ft first flr., upstairs 15 x 26 dormer, 12 x 20 garage, gas heat, frpl, basement. Property 1/2 acre plot w/ 5 x 12 shed and tennis court. $301K land $1,000 per acre 1st bathroom $0 extra full bathroom $100 half bathroom $50 fireplace $125 tennis court $375 spa $125 central air conditioning $200 gas heat $700

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