Given the following information, calculate the cash-on-cash return (i.e., equity dividend rate) for this investment: First-year NOI: $18,750 Before-tax cash flow: $11,440 Acquisition price: $520,000 Equity Investment: 20%
Blog
When lenders charge discount points (prepaid interest) on a…
When lenders charge discount points (prepaid interest) on a loan, what impact does this have on the loan’s yield?
Federal and state laws prohibit discrimination in housing. H…
Federal and state laws prohibit discrimination in housing. However, exemptions do exist depending on the particular type of property that is being considered. All of the following activities could be considered exempt in specific scenarios EXCEPT:
You are considering purchasing a small office building for $…
You are considering purchasing a small office building for $2,500,000. You expect the potential gross income (PGI) in the first year of rental operations to be $450,000; vacancy and collection losses to be 9 percent of PGI; and the sum of operating expenses and capital expenditures to be 42 percent of effective gross income (EGI). What is the implied first year overall capitalization rate?
Suppose that you just sold a property that has annual proper…
Suppose that you just sold a property that has annual property taxes of $2,427.22. If the closing occurred on March 13th, calculate your share (Seller’s share) of the total property taxes. For this problem, assume that we are dealing with a 365-day calendar year.
The person with aplastic anemia is said to have ____________…
The person with aplastic anemia is said to have _________________ because all three major blood elements (RBCs, WBCs, and platelets) are diminished or absent.
Honorlock is an academic integrity tool to ensure academic i…
Honorlock is an academic integrity tool to ensure academic integrity on tests.
Mentally constructing a message for production
Mentally constructing a message for production
Mental structures organizing information for meaning.
Mental structures organizing information for meaning.
Division of power and status among individuals
Division of power and status among individuals