Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. mrs. green is considering buying property for $1,2

Mrs. Green is considering buying property for $1,200,000 with estimated acquisition costs of $25,000. She...

80.2K

Verified Solution

Question

Finance

Mrs. Green is considering buying property for $1,200,000 with estimated acquisition costs of $25,000. She plans to use $720,000 in debt financing which has loan costs of $20,000 and the annual debt service is $65,000. The forecast year 1 NOI is $82,000. Mrs. Greens forecast cash on cash return for year one is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the fundamental principles of financial leverage?

Finance
Q

One hundred moles of CO at 300ºC is burned with 100 moles of O2 which is...

Chemistry
Q

Describe and discuss the experiments that confirmed that FT is the mobile flowering compound known as...

Biology
Q

discussion and conclusion for the thermal conductivity of solids Lab for the thermodynamics course

Mechanical Engineering
Q

Given the busy nature of family life and communities, it can be challenging to forge school-neighborhood...

Psychology
Q

Say we have the following hypotheses H0: ? <50 HA: ? > 50 We know that the population...

Basic Math
Q

The magnetic field B in figure a and b at the point O is R...

Physics
Q

You are playing a game where you must roll two 4 sided dice each die...

Statistics
Q

The following data relates to XYZ Company's budgeted amounts for next year. What is the...

Accounting
Q

Vaughan, Inc. reports the following information for August: $ 800,000 110,000 Sales Revenue Variable Cost...

Accounting
Q

Hitzu Co. sold a copler (that costs $4,800) for $6,000 cash with a two-year parts...

Accounting
Q

March 1 SeverCos stockholders invested $30,000 cash in the company. ...

Accounting