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An analysis of comparable property rental rates for a $115-$unit suburban multi$-$family development has shown that market rent is $$1,000$ for one$-$bedroom units and $$1,500$ for two$-$bedroom units. This property has $75$ one$-$bedroom units and $40$ two$-$bedroom units. $($Questions $1-8)1.$ What is the annual GPI at this property? $2.$ If current actual rents are $$950$ for one$-$bedroom units and $$1,400$ for two$-$bedroom units, what is the annual Loss$-$to$-$Lease at this property? $3.$ Vacancy at the property is $4\%$ of GPI. What is total vacancy loss? $4.$ What is Net Rent Revenue? $5.$ Residents in $50$ of the units also pay $$45/$month for an extra parking space. What is the total miscellaneous income? $6.$ What is EGI? $7.$ The property$$s operating expenses are $35\%$ of GPI. What are total operating expenses? $8.$ What is NOI? Budgeting, Cash Flow, and Reporting for Investment Real Estate $($FIN$402)979.$ A commercial building has a $3,000$ SF tenant who pays $$12\mathrm{.}50/$SF annually. Market rent in this neighborhood is actually closer to $$12\mathrm{.}00/$SF annually. What is the annual gain$-$to$-$lease in this case? $10.$ A commercial tenant has base year expenses of $$100,000.$ Projected expenses for the next year are $$125,000$ and the tenant pays $10\%$ of the cost escalation. What is the tenant$$s monthly increase? $11.$ A commercial tenant pays expenses above $$4\mathrm{.}50/$SF base year annually. The total rentable area of the building is $35,000$ SF and the tenant$$s rentable area is $3,000$ SF$.$ Adjusted operating expenses are $$170,100.$ What are the tenant$$s total monthly expenses? $12.$ A retail tenant$$s GLA is $5,000$ SF and pays CAM expenses at $$2\mathrm{.}40/$SF annually. What are this tenant's monthly CAM costs?

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