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- What formula do I utilize to find out the annual net revenue I'll receive for a property? For example, If I were to purchase a commercial property for $8,950,000 with an interest rate of 3.5% and a term of 30 years. I put down 25% which is $2,237,500, which would make my loan amount equate to $6,712,500. This particular commercial real estate property has a NOI (Net Operating Income) of $494,040yr, the debt service is $361,705yr, and the cashflow is $132,335yr. Would my net revenue equate to $494,040yr or $132,335yr?You have a prospective lessee for your office property and have the following options (assume a 7-year window and 2% discount rate). Which one will provide you with the highest effective rent? a. Option A: Rent is $98 per rentable square foot with the lessor paying operating expenses up to $40, lessee responsible for remainder. Operating expenses are $39 in first year and increase by $3 each year b. Option B: Rent is $90 per rentable square foot and will increase by $3 each year. Operating expenses are $40 during the first year and will increase by $1 every year. c. Option C: Rent is $91 per rentable square foot per year and will increase by $2.50 each year. Operating expenses are $45 for the first year and will increase by $3 every year, with lessor covering up to $48.Mr. Johnson owns a small apartment building with an annual Gross Rent Roll of $325,000. Assume expenses are expected to be 40% of Gross Rent Roll, what is the valuation of the building using a 5 cap rate? Select the best approximate value: a) $2.9 million b) $3.9 million c) $4.9 million d) $5.9 million
- purchase property that has an annual net income of 587000 and want to ear 8.25% on investment what do I pay for propertyYou purchase a $1,152,000 lake house and made a down-payment of $658,000. If you were to use the tvm solver to determine the monthy payment, what values would you enter for PV and FV?An investor required 10% return on his money. A property had gross annual income of $110,000, a vancy rate of 4%, and operating expenses of $10,000. What would be the maximum price tht the investor would pay for the property?
- A borrower is purchasing a property for $325,000. She is considering the following three loans: Loan 1: 75% LTV, 30 year FRM, fully amortizing, 4% interest Loan 2: 80% LTV, 30 year with 5 year IO period fully amortizing, 3.25% interest in IO period, 5 percent interest after IO period ends. Loan 3: 90% LTV, 15 year FRM, fully amortizing, 3.5% interest If the borrower held each loan until maturity, how much in interest would she pay on each loan?The purchase price for a new home was $325,000. The buyer put down 20% and the balance was a mortgage for 80% of the purchase price. value at the time of closing was $339,000 and the assessed value was $342,000. What will the buyer pay for one year's property taxes if the A. $8,125 B. $6,500 C. $8,550 D. $8,480PLEASE ANSWER WITHIN 30 MINUTES.
- The annual debt service on a property is $25,000 and the pre-tax cash flow is $50,000. If the mortgage capitalization rate is 8.5% and the overall rate is 10%, what is the indicated value of the property?Adam Marsh is purchasing a $134,000 condominium apartment. If the sellers are responsible for the 6% broker's commission, $900 in closing costs, and the existing first mortgage with a balance of $45,000, what proceeds will be received on the sale of the property? Sale price = Less: Closing costs = Broker fees = First mortgage = Seller's proceeds =Carol wants to invest money in a 6% CD that compounds semiannually. Carol would like the account to have a balance of $55,000 two years from now How much must Carol deposit to accomplish her goal? EV of $1. EV.of $1 EVA of $1. and PVA of S1 (Use appropriate factor(s) from the tables provided.) Multple Choice $48.950 $48,400 $27.500 $48,867
