Question: Purchase Price: $4,100,000 Rents: Tenant Monthly Rent Unit 1 $5,600 Unit 2 $5,600 Unit 3 $5,800 Unit 4 $3,200 Unit 5 $3,200 Unit 6 $3,200

Purchase Price: $4,100,000

Rents:

Tenant Monthly Rent

Unit 1 $5,600

Unit 2 $5,600

Unit 3 $5,800

Unit 4 $3,200

Unit 5 $3,200

Unit 6 $3,200

Unit 7 $3,200

Unit 8 $3,200

Year 1 NOI: $259,578

NOI Growth Rate: 3%

Loan:

LTV: 75%

Amortization Period: 27 years, Term: 10 years

Interest Rate: 4.35%

Lender Points: 2%

Selling Costs: 5%

Going Out Cap Rate: 6.5%

Discount Rate: 11%

What is the going-in cap rate?
What is year 1 PGI?
What is the DSCR?
What is your Initial Investment?
What is the sale price after the five-year hold?
What is the loan balance at sale?
What is the NPV for this project?
What id the IRR for this project?
What is the DCF for this project?
What is the reversion amount?

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The goingin cap rate is calculated as the Year 1 NOI divided by the Purchase Price Goingin Cap Rate Year 1 NOI Purchase Price 259578 4100000 633 To ca... View full answer

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