Question 5 10 pts An investor is considering the purchase of an office building for $2.5...
Question 5 10 pts An investor is considering the purchase of an office building for $2.5 million. The 20,000 square foot property rents for $20 a foot with a 5% vacancy rate, and operating expenses at 30% of EGI. What is the (going-in) cap rate? 8.23% 9.75% 8.91% 10.64% 9.57% 10 pts
Question 4 10 pts Consider a 24,000 square feet office building that rents for $20 a foot, has a 5% vacancy rate, and operating expenses at 35% of EGI. What is NOI in year 1? $296,400 $266,760 $287,280 $319,200 $326,040 D Question 5 10 pts MacBook Pro.
Question 9 10 pts A 22,000 square foot building sold for $2.6 million. The property rents for $17 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32% of EGI. What is the gross rent multiplier? 5.42 5.91 6.95 6.12 5.78 MacBook Pro
Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy rate, and operating expenses at 32 % of EGI. What is the gross rent multiplier? O 5.42 5.91 O 6.95 O 6.12 5.78 Question 10 Air Question 9 10pts A 22,000 square foot building sold for $2.6 million. The property rents for $20 a foot with a 3% annual rent increase, 5% vacancy...
Question 8 10 pts An investor is considering the purchase of an office building for $3.2 million. If she sells the property at the end of 5 years for $3,751,200, what is her expected appreciation rate? 2.56% 2.84% 1.52% 3.23% 4.57% 10 pts Question 9 MacBook Pro
D Question 10 10 pts An investor is considering the purchase of a rental house for $120,000. The house generates monthly rent of $1.250 per month with no expected vacancy. and annual operating expenses are expected to be $4,800. The investor expects to hold the property for five years and then hopes to sell for $150,000. Based on these assumptions, what is the expected overall return on this investment? 9.27% 10.22% 10.69% 11.48% 12.40%
D Question 10 10 pts An investor is considering the purchase of a rental house for $120,000. The house generates monthly rent of $1,150 per month with no expected vacancy, and annual operating expenses are expected to be $4,800. The investor expects to hold the property for five years and then hopes to sell for $140,000. Based on these assumptions, what is the expected overall return on this investment? 9.27% 10.22% 10.69% 11.48% 12.40% MacBook Pro
You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of rentable space and is currently occupied by multiple tenants each with differing maturities on their respective leases. No lease is currently shorter than 1 year. The annual rent in the 1st year of ownership is $42.50/sq ft. The vacancy rate is 6.5%. You expect to incur collection losses (from tenant default)on 1.5% of the square feet during your first year. 1. What is the...
Question 6 10 pts A major retail company plans to build 30,000 square building that would cost $8 million to develop. It is expected to lease for $22 per foot (absolute net) with $5 per foot in operating expenses. If the company develops the property and does a sale-leaseback, what price will they get if the property is sold at a 6% cap rate? O $9,777,778 o$ 10,153,846 $ 10,560,000 $ 11,000,000 $ 11,478,261 10 pts
Office building, 3 stories, 3000 square feet (sf) gross interior floor space each, 2 tenants per floor, 1350 sf of the building is used for hallways, common bathrooms, stairs, elevator, and lobby. Owner wants a gross rent of $135,000 per year. A. What is the rent that the Owner should charge per square foot? If Tenant Z rents 1200 sf of usable area, what will be his monthly rent? B. If the building has an operating expense ratio of 28%...