please show all steps you take Consider the following. A group of 4...
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Consider the following. A group of 4 Real Estate graduates decide to pool their funds and purchase a local strip mall. They were able to win the bidding with an offer of $3,000,000.00. The property has a Potential Gross Income of $400,000.00 but has an expected of Vacancy and Bad Debt of 5%. The Operating Expenses are $80,000.00, and Net Operating Income (NOI) is $300,000.00 before taxes and interest. a. What is the Operating Expense Ratio for this building? (2 points) b. What is the Effective Gross Income multiplier? (2 points) c. What is the Net Income Multiplier? (2 points) Consider the following. A group of 4 Real Estate graduates decide to pool their funds and purchase a local strip mall. They were able to win the bidding with an offer of $3,000,000.00. The property has a Potential Gross Income of $400,000.00 but has an expected of Vacancy and Bad Debt of 5%. The Operating Expenses are $80,000.00, and Net Operating Income (NOI) is $300,000.00 before taxes and interest. a. What is the Operating Expense Ratio for this building? (2 points) b. What is the Effective Gross Income multiplier? (2 points) c. What is the Net Income Multiplier? (2 points)
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