You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,000. You expect Potential Gross Income (PGI) in the first year of operations to be $450,000; vacancy and collection losses to be 9 percent of PGI; operating expenses to be 38 percent of Effective Gross Income (AGI), and capital expenditures to be 4 percent of EGI. What is the implied going-in capitalization rate
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,000. You ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Managing and sustaining product diversity requires many more overhead resources such as production schedulers and product design engineers. The costs of these resources have no obvious connection with direct labor. Ture or False
Answers (1)
In an FRA, the buyer agrees to pay the seller A. the increased interest cost on a notional amount if interest rates fall below an agreement rate. B. Not Sure C. the increased interest cost if interest rates increase above the agreement rate D.
Answers (1)
The direct write-off method A) is acceptable for financial reporting purposes. B) debits Allowance for Doubtful Accounts to record write-offs of accounts. C) estimates bad debt losses.
Answers (1)
A buyer signs an earnest money agreement and gives it to the broker who showed her the property she is buying. After leaving the broker's office, she reconsiders and decides she prefers a different property.
Answers (1)
Carolina is trying to sell her car, and the lowest amount she is willing to accept is $2,000. Abdul is interested in buying the car, and although he is willing to pay $2,500, he negotiates a price of $2,100.
Answers (2)
New Questions in Business
Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value.
Answers (1)
Which of the following actions will likely cause a project to fail? A) dedicating valuable team member time to identify risk events B) spending project funding to procure needed tools and spare parts C) unclear or conflicting stakeholder
Answers (1)
Mcgregor company allows customers to pay with credit cards. the credit card company charges mcgregor 2% of the sale. when a customer uses a credit card to pay mcgregor $300 for services provided, mcgregor would:
Answers (1)
Net worth is the difference between a firm's assets and its liabilities. a. True b. False
Answers (1)
Buyer Jim agreed to a 20-day window to get a survey done. A number of problems have occurred and after 20 days from the signed contract date, buyer Jim has yet to have a survey completed. What is now the status of the sales contract? a.
Answers (1)