Based on what was reviewed in class, please submit a BOE analysis for the multi tenant retail center based on the information below.

Please determine the Net Operating Income of this property.

Also, what price would you pay for this property, if you wanted to achieve a 5% Cap Rate (Capitalization Rate)?

NOTE: Common Area Maintenance (CAM) paid by tenants are $0.67 Per Square Foot, Per Month.

RENT ROLL REPORT Properties: Street Moorpark LLC Units: Active As of: 08/31/2020 Unit BD/BA Sqft Tenant Rent Income Lease From Lease Eligible for Rent Increase Deposit 313 ---- 1,000 Italianimiso Pasta 2,500.00 01/01/2018 12/31/ 01/01/2019 2,670.00 House 2022 325 ---- 1,000 Madar Cafe 2,300.00 09/01/2018 09/01/2019 2,200.00 09/30/ 2021 660 ---- 500 1,250.00 02/01/2017 02/01/2020 1,200.00 Lily's Commercial Kitchen 01/21/ 2023 3 Units 2,500 6,050.00 6,070.00 Total 3 Units 2,500 6,050.00 6,070.00 Each Tenant Pays an Additional $0.67 CAM (Common Area Maintenanc) Charge Per Month. Monthly Annual 0.00 2,238.00 7,976.01 839.05 442.81 3,542.48 Expense Insurance Repairs & maintenance Trash Gardening Taxes & licenses Property Management Property tax 550.00 2,670.00 0.00 800.00 395.75 2,085.75 0.00 5,127.48 2x RENT ROLL REPORT Properties: Street Moorpark LLC Units: Active As of: 08/31/2020 Unit BD/BA Sqft Tenant Rent Income Lease From Lease Eligible for Rent Increase Deposit 313 ---- 1,000 Italianimiso Pasta 2,500.00 01/01/2018 12/31/ 01/01/2019 2,670.00 House 2022 325 ---- 1,000 Madar Cafe 2,300.00 09/01/2018 09/01/2019 2,200.00 09/30/ 2021 660 ---- 500 1,250.00 02/01/2017 02/01/2020 1,200.00 Lily's Commercial Kitchen 01/21/ 2023 3 Units 2,500 6,050.00 6,070.00 Total 3 Units 2,500 6,050.00 6,070.00 Each Tenant Pays an Additional $0.67 CAM (Common Area Maintenanc) Charge Per Month. Monthly Annual 0.00 2,238.00 7,976.01 839.05 442.81 3,542.48 Expense Insurance Repairs & maintenance Trash Gardening Taxes & licenses Property Management Property tax 550.00 2,670.00 0.00 800.00 395.75 2,085.75 0.00 5,127.48 2x