Construct a Proforma Income Statement for (3) years based upon the flowing information and answer the appropriate questions: Type: 8-plex Monthly Rent: $600 per unit Vacancy Allowance: 7% Expenses: Annual Property Taxes $4500 Annual Insurance $1200 Utilities (average) $70/month Management 10% effective gross Maintenance (average) $1200/year Advertising (average) $200/year Reserves (5%) Income to increase at 4% per year and expenses to increase at 5% per year. What would be the BTCF for each year if there was a $250,000, 20-year, 7.5% loan amortized monthly against the property? What is the Debt Service Coverage Ratio for each year?