Landlord and tenant have negotiated monthly rent at 5% of gross sale. The property has an...
Landlord and tenant have negotiated monthly rent at 5% of gross sale. The property has an operating expense ratio of 35%, a stabilized vacancy rate of 10%. What are the gross retail sales if net annual operating income is estimate to be $50,000?
Homework Answers
Add Answer to:
Landlord and tenant have negotiated monthly rent at 5% of gross
sale. The property has an...
#1 MULTIPLE CHOICE (no need to show work but please get right) 1. A property has a net operating income of $25,000 and the capitalization rate used in the market is 10%. What is the indicated value? a...
#1 MULTIPLE CHOICE (no need to show work but please get right) 1. A property has a net operating income of $25,000 and the capitalization rate used in the market is 10%. What is the indicated value? a) $250,000 b) $300,000 c) $325,000 d) $2,500,000 2. A property sold for $555,000. The buyer anticipated that the potential gross income (PGI) would be $93,000, the vacancy would be 5%, and expenses would be 35% of the effective gross income (EGI) in...
If a tenant has a percentage lease at 5% of sales what is the annual rent...
If a tenant has a percentage lease at 5% of sales what is the annual rent from a tenant if monthly sales are $35 per SF? If the apartment building has 100 units, 100,000 SF and 250 parking spaces what is the parking ratio for the building?
Office building, 3 stories, 3000 square feet (sf) gross interior floor space each, 2 tenants per...
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%...
Property sold for $330,000 with 10% down, financed at 7.5% interest for 20 years (monthly payment...
Property sold for $330,000 with 10% down, financed at 7.5% interest for 20 years (monthly payments). The property has a gross annual income of $42,000. Vacancy collection loss is 8% and expenses are $8,000 per year. What is the equity dividend rate indicated by this sale?
You have $50,000 for down payment. Your monthly gross income is $5,000. Your monthly car loan...
You have $50,000 for down payment. Your monthly gross income is $5,000. Your monthly car loan payment is $300. You also need to pay $400 every month for property taxes and home insurance. The bank has a lending guideline for mortgage loan that total debt service (TDS) ratio cannot exceed 44% of monthly gross income. How much can you borrow from a 25-year conventional mortgage with an effective annual rate of 6%?
Use the following to answer questions 1-5: A local 20,000 square foot retail building is 100%...
Use the following to answer questions 1-5: A local 20,000 square foot retail building is 100% occupied by a single tenant. The lease started last week and continues for 10 years. The rent is $7.00 per square foot per year. The landlord pays all the expenses associated with the building. The expenses total $2.00 per square foot per year, and we have determined that they are market-oriented. From a market survey, it is our opinion that 5% is a reasonable...
You have $50,000 for down payment. Your monthly gross income is $5,000. Your monthly car loan...
You have $50,000 for down payment. Your monthly gross income is $5,000. Your monthly car loan payment is $300. You also need to pay $400 every month for property taxes and home insurance. The bank has a lending guideline for mortgage loan that total debt service (TDS) ratio cannot exceed 44% of monthly gross income. How much can you borrow from a 25-year conventional mortgage with an effective annual rate of 6%? ____ A) $205,770 B) $232,810 C) $279,160 D) ...
It is late November and you are undertaking an investment analysis of an office property that...
It is late November and you are undertaking an investment analysis of an office property that your firm is considering purchasing at the end of this year. The property has 80,000 square feet of leasable space currently occupied by two tenants each leasing 40,000 square feet. Both tenants have triple-net leases; all operating expenses are passed through to tenants. The owner pays operating expenses associated with vacant space. Current ‘‘market’’ rent is $20 per square foot on a triple net...
You have been asked to appraise the market value of an industrial project. therefore, you need...
You have been asked to appraise the market value of an industrial project. therefore, you need to determine the project's net operating income. the building is compromised of 35,000 square feet of rental space on which rent is charged at $6,50 per square foot per annum. All leases are to be fully net (the tenant pays all operating expenses except management management expenses). Management expense is estimated to be 15% of annual effective gross income. The vacancy rate is 5%...
You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of...
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...
Most questions answered within 3 hours.
-
Please answer ASAP 2) Choose a point at random from the unit
square [0, 1] ×...
asked 12 minutes ago -
Draw the Lewis structures and determine which of these
molecules has a central atom that unavoidably...
asked 12 minutes ago -
Do we typically carry antibodies against the RH antigen in our
blood plasma?
asked 15 minutes ago -
What are the differences between an antibiotic, a semisynthetic,
and a synthetic as types of antimicrobials?
asked 11 minutes ago -
One mole of oxygen gas is at a pressure of 5.90 atm and a
temperature of...
asked 18 minutes ago -
The primary side of a transformer has 935 turns and is connected
to 118 Volts A/C....
asked 17 minutes ago -
This must be done in Java and it must contain a public static
void (string []args)...
asked 20 minutes ago -
An economy has a Cobb–Douglas production function:
Y=Kα(LE)1−αY=Kα(LE)1−α
The economy has a capital share of 0.30,...
asked 35 minutes ago -
60.0 mL of a silver chlorate solution with a concentration of
0.654 M is mixed with...
asked 40 minutes ago -
Asked if he has any regrets about the way he's handled the
coronavirus crisis so far,...
asked 52 minutes ago -
True or False?
Considering a door as a rigid body. Its angular motion happens
in a...
asked 55 minutes ago -
In
IUPAC naming, do we concider the prefix in alphabatizing?
In other words do we look...
asked 1 hour ago