Calculate annual NOI for a 40,000 sq. Ft. Warehouse that rents for $0.35 per sq. ft./mo. Vacancies
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Calculate annual NOI for a 40,000 sq. Ft. Warehouse that rents for $0.35 per sq. ft./mo. Vacancies and collection losses are 7%. The property insurance cost is $0.11 per sq. ft./year, maintenance costs and reserves for replacement is $0.40 per sq. ft./year; water and sewer cost is $150/mo.; garbage cost is $200/mo.; and annual property taxes are based on a value of $1,500,000, with a tax rate of 1%.
Related Book For
ISE Real Estate Finance And Investments
ISBN: 9781264892884
17th International Edition
Authors: Jeffrey Fisher William B. Brueggeman
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