Suppose you are the owner who paid 800,000 with an interest rate of 10% and renting at $ 34/sq ft If the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter, what is the effective net rent for the first 5 years? If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter, what is the effective net rent for the first 5 years? If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter. The expense stop is $7/sq ft, what is the effective net rent for the first. Show work to include the amount per sq foot.
Suppose you are the owner who paid 800,000 with an interest rate of 10% and renting at $ 34/sq ft If the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter, what is the effective net rent for the first 5 years? If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter, what is the effective net rent for the first 5 years? If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter. The expense stop is $7/sq ft, what is the effective net rent for the first. Show work to include the amount per sq foot.
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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Transcribed Image Text:Suppose you are the owner who paid 800,000 with an interest rate of 10% and renting at $
34/sq ft
If the expenses are $5/sq ft in Year 1, increasing by $1/yr thereafter, what is the effective
net rent for the first 5 years?
If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1,
increasing by $1/yr thereafter, what is the effective net rent for the first 5 years?
If the rent increases by $2/sq ft each year thereafter, and the expenses are $5/sq ft in Year 1,
increasing by $1/yr thereafter. The expense stop is $7/sq ft, what is the effective net rent for
the first.
Show work to include the amount per sq foot.
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