Question

On january 1, 2019, Janet buy a modified building for $450,000. She put $200,000 down and finance $250,000. The annual principal and interest paunch are $19,200. During escrow she find a tenant willing to pay $38,750 included annual rent on a NNN basis on december 31,2015 she sell the building at a cap rate of 6.25%. Assume principal pay down is $7,000 included the first year.

What is the net operating income?

What is the sales price if the buyer on december 31, 2019 purchases the building at a 6.25% cap rate?

What is the total return?

On january 1, 2019, Janet buy a modified building for $450,000. She put $200,000 down and finance $250,000. The annual principal and interest paunch are $19,200. During escrow she find a tenant willing to pay $38,750 included annual rent on a NNN basis on december 31,2019 she sell the building at a cap rate of 6.25%. Assume principal pay down is $7,000 included the first year.

What is the net operating income?

What is the sales price if the buyer on december 31, 2019 purchases the building at a 6.25% cap rate?

What is the total return?

Answer 1

is GRen data saae she nd taant wlag AsStunt pnpol pay chun is Purchasi price 7,000 $45000 50,000 oan cmoent payment (us2000 DOLON nhat is he net intome Nlet fniem After Finaung 07 -3150 on dcuember 31, 2019. bger The Porce rt the ladng Puseloss the 31750 f6-25% 508000 what is the total retusn 50S000-40 58C00 cs Scanned with CamScanner