3. Using information provided below calculate: (Round your answer to two decimal places) Price per unit Sale Price Number of Units Adjustment Factor (Sale 2) - Net Income per unit per month subject Net Income per unit per month Adjusted Price per Unit = Adjustment Factor Price per Unit GIM (Gross Income Multiplier) = Sale Price Annual Potential Gross Income Value - Adjusted GIM x Potential Gross Income Value = Adjusted Price per unit x number of units I a. Price per unit for sale 2 b. Price per unit for sale 2 adjusted for income C. GIM for sale 1 d. GIM adjusted for utilities for sale 1 e. Average adjusted GIM For O f. Average adjusted price per unit g. Estimated value for the subject property using adjusted GIM h. Estimated value for the subject property using adjusted price per unit Subject 4073-4083 Kent Ottawa * * Comparable Civic Number Street Municipality Date of sale Selling Price Condition of Sale Adjusted selling price year of construction Number of Units Rooms per unit Ratio Services included in rents Annual Gross Income Net Income * Sale 1 425 Bank Ottawa 25/01/2018 $1,825,000 Normal $1,825,000 1928 I 6 2 does not include utilities $120,000.00 $79,630 Sale 2 359 Lisgar Ottawa 01/03/2018 $1,680,000 Normal $1,680,000 1900 6 2 Include all utilities $113,520.00 $72,945 1885 6 2 Included all utilities $101,030.00 $65,158 Monthly energy expenses for 2-bedroom units Included utilities 2-Bedroom Heat $56 Hot water $13 Bectricity $19 Appliances $10 Tota energy costs $88 3. Using information provided below calculate: (Round your answer to two decimal places) Price per unit Sale Price Number of Units Adjustment Factor (Sale 2) - Net Income per unit per month subject Net Income per unit per month Adjusted Price per Unit = Adjustment Factor Price per Unit GIM (Gross Income Multiplier) = Sale Price Annual Potential Gross Income Value - Adjusted GIM x Potential Gross Income Value = Adjusted Price per unit x number of units I a. Price per unit for sale 2 b. Price per unit for sale 2 adjusted for income C. GIM for sale 1 d. GIM adjusted for utilities for sale 1 e. Average adjusted GIM For O f. Average adjusted price per unit g. Estimated value for the subject property using adjusted GIM h. Estimated value for the subject property using adjusted price per unit Subject 4073-4083 Kent Ottawa * * Comparable Civic Number Street Municipality Date of sale Selling Price Condition of Sale Adjusted selling price year of construction Number of Units Rooms per unit Ratio Services included in rents Annual Gross Income Net Income * Sale 1 425 Bank Ottawa 25/01/2018 $1,825,000 Normal $1,825,000 1928 I 6 2 does not include utilities $120,000.00 $79,630 Sale 2 359 Lisgar Ottawa 01/03/2018 $1,680,000 Normal $1,680,000 1900 6 2 Include all utilities $113,520.00 $72,945 1885 6 2 Included all utilities $101,030.00 $65,158 Monthly energy expenses for 2-bedroom units Included utilities 2-Bedroom Heat $56 Hot water $13 Bectricity $19 Appliances $10 Tota energy costs $88