Problemyou borrow 75000 for 30 years at 11 interest, Ask an Expert

Accounting

Problem:

You borrow $75,000 for 30 years at 11% interest compounded annually. The value of the property is $100,000, PGI= $20,000, vacancy rates are 8%, and operating expenses are $81,000.

Required:

Question 1: Calculate the mortgage constant.

Question 2: Calculate the annual debt service.

Question 3: Calculate the EGI, NOI, and BTCF

Question 4: Calculate the overall capitalization rate, using band-of-investment approach.

Note: Provide support for your underlying principle.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173032

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