ments ts ch Assignment #7 - Real Estate Due: Sun Nov 19, 2023 11:59pm Attempt 1 Details In Progress NEXT UP: Submit Assignment Unit 1 - current monthly rent $1500, market rent $2000 Unit 2 - current monthly rent $1200, market rent $2000 Unit 3 - current monthly rent $1900, market rent $2000 Unit 4 - current monthly rent $900, market rent $2000 The 4 unit apartment building located at 1234 Washington St. is for sale. The asking price is $1,000,000. The cap rate for the area is 5.25%. Income: Expenses: Insurance - $1200/year Trash $2400/year Water $1800/year Gardener - $1200/year Taxes 1.25% of purchase price per year Repairs -$2400/year - 10 Possible Points Add Comment

Assignment \#7 - Real Estate Due: Sun Nov 19,202311:59pm 10 Possible Point In Progress NEXT UP: Submit Assignment Details The 4 unit apartment bullding located at 1234 Washington 5t is for sale. The asking price is $1,000,000. The cap rate for the area is 5.258 . Income: Unit 1 - current monthly rent $1500, market rent $2000 Unit 2 - current monthly rent $1200, market rent $2000 Unit 3-current monthly rent $1900, market rent $2000 Unlt 4 - curtent monthly rent $900, market rent $2000 Expenses: tnsurance 51200/ year Trach- $2400/ year water-\$1800/year Gardener * $1200/ year Trxos =1.25% of purchase price per year Repalrs - $2400/ year Assignment \#7 - Real Estate Due: Sun Nov 19,202311:59pm 10 Possible Point In Progress NEXT UP: Submit Assignment Details The 4 unit apartment bullding located at 1234 Washington 5t is for sale. The asking price is $1,000,000. The cap rate for the area is 5.258 . Income: Unit 1 - current monthly rent $1500, market rent $2000 Unit 2 - current monthly rent $1200, market rent $2000 Unit 3-current monthly rent $1900, market rent $2000 Unlt 4 - curtent monthly rent $900, market rent $2000 Expenses: tnsurance 51200/ year Trach- $2400/ year water-\$1800/year Gardener * $1200/ year Trxos =1.25% of purchase price per year Repalrs - $2400/ year