Ms. Moore owns a 16-unit apartment complex. The market rent…

Ms. Moore owns a 16-unit apartment complex. The market rent on each unit is $500 per month. It is expected that, on average, two of the units will be vacant for six months each year and an additional $250 per year will be lost due to uncollected rent. The annual operating expenses are estimated to be 39 percent of EGI. Capital expenditures for items such as carpeting, appliances, roofing and resurfacing the parking area are estimated to be $3,400 annually. What is the expected annual net operating income of the property? Assume an above-line treatment of capital expenditures.

Writing SampleHello Students,Your writing assignment for thi…

Writing SampleHello Students,Your writing assignment for this course is to write a letter (1-page maximum) to your city mayor. The letter should be about an issue of concern to you such as public safety, infrastructure, etc. Please do the following:use 12-point times roman fontinclude the date of your letter at the topprovide the name, title and address of the official you are contactingwrite an introductory paragraph to the official (3-5 sentences)provide a body paragraph that includes the issue of concern to you with your thoughts, and asking the official about efforts he or she supports regarding your issue (4-5 sentences)finish by writing a concluding paragraph (3-5 sentences) followed by a closing such as: sincerely or respectfully, etc., then your first and last namePlease check your papers before submitting. I will deduct points for spelling errors and significant grammar mistakes. I have included a letter as an example for you to follow. (letter.docx) Please follow its formatting.