Question: Based on the following information, develop a front door Simple Financial Feasibility Analysis (SFFA) for this project estimating the required minimum market gross rent per

Based on the following information, develop a front door "Simple Financial Feasibility Analysis" (SFFA) for this project estimating the required minimum market gross rent per SF that will support development. .40,000 NRSF office building project. Acquisition & construction cost $1,500,000; Estimated operating costs (to landlord)- $100,000/yr. Projected stabilized occupancy-95%. Permanent loan available on completion @ 9% (interest-only loan) with 130% debt service coverage requirement on the net operating income, and 75% maximum loan-to-value ratio
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
