Question: please do rent roll model, DCF model, and Amortization model with formulas! 1 The Assignment 2 3 Assignment You are investing in 205 unit student

please do rent roll model, DCF model, and Amortization model with formulas!
please do rent roll model, DCF model, and Amortization model with formulas!

1 The Assignment 2 3 Assignment You are investing in 205 unit student housing complex that you bought for $30,000,000 and plan to sell the property in 15 years, You financed 65% of the property by ABC 6 Bank with a 15 year fixed interest rate loan at 475 per year and will have to pay 25% in loan expenses. You have a 2 year interest only period and will have an amortization teem of 30 years. You will have annual taxes of $20,000 for the next 15 years and will have taxes due on sale of 4on the property. You hope to receive a 10% unlevered 8 return, 14 levered return on the property before taxes, and a 9.8% levered return after taxes. The apartment has 40 units with 1 bed/1 bath, 45 units with 2 beds/1 bath, 65 units with 3 beds/2 baths, and 55 units with 4 beds/4 baths. After doing your due diligence, you project the 1/1 units to rent for $1,200/roon/month, the 2/1 units to rent for 10 S850/room/month, the 2/2 units to rent for $1000/room/month and the 4/4 units to rent for $750/room/month Each lease will be for 12 months and you project the rent to 11 increase by 3% for the first 2 years and then stabilito 15% for the remainine years. You also expect the vacancy and collection losses to be 12% in the first year and then 12 decrease by 4% for each year until stable in year 3 at 4% for the remaining years. Your operating expenses include basic maintenance on the property totaling $10,000/month 13 a property management fee of $18,000/month, and a salary of $8.000/month/employee for the employees on site. You also have $85,000 of other expenses and utilities each 14 month and your total operating expenses will grow at a rate of 35% yearly. You will also have miscellaneous Income of $50/room/month for a pet fee, in which you project IS 20% of the room total to have pets, and $100/room/month for parking in which you project 85% of the room total to need a parking spot. Because you noticed the apartment 16 complex's external paint was chipping away when you inspected it, you decide to put a fresh point on the external buildines to become more visually appealing in year 1 17 costing you $20,000. You also plan to add some firepits, picnic tables, and some shaded covered areas around the pool in year 2 costing you $65,000. After 15 years when you 18 go to sell the property, you find out that comparable properties are selling at an average cap rate of 5 5% and that you will have 6% selline expenses. 19 1 The Assignment 2 3 Assignment You are investing in 205 unit student housing complex that you bought for $30,000,000 and plan to sell the property in 15 years, You financed 65% of the property by ABC 6 Bank with a 15 year fixed interest rate loan at 475 per year and will have to pay 25% in loan expenses. You have a 2 year interest only period and will have an amortization teem of 30 years. You will have annual taxes of $20,000 for the next 15 years and will have taxes due on sale of 4on the property. You hope to receive a 10% unlevered 8 return, 14 levered return on the property before taxes, and a 9.8% levered return after taxes. The apartment has 40 units with 1 bed/1 bath, 45 units with 2 beds/1 bath, 65 units with 3 beds/2 baths, and 55 units with 4 beds/4 baths. After doing your due diligence, you project the 1/1 units to rent for $1,200/roon/month, the 2/1 units to rent for 10 S850/room/month, the 2/2 units to rent for $1000/room/month and the 4/4 units to rent for $750/room/month Each lease will be for 12 months and you project the rent to 11 increase by 3% for the first 2 years and then stabilito 15% for the remainine years. You also expect the vacancy and collection losses to be 12% in the first year and then 12 decrease by 4% for each year until stable in year 3 at 4% for the remaining years. Your operating expenses include basic maintenance on the property totaling $10,000/month 13 a property management fee of $18,000/month, and a salary of $8.000/month/employee for the employees on site. You also have $85,000 of other expenses and utilities each 14 month and your total operating expenses will grow at a rate of 35% yearly. You will also have miscellaneous Income of $50/room/month for a pet fee, in which you project IS 20% of the room total to have pets, and $100/room/month for parking in which you project 85% of the room total to need a parking spot. Because you noticed the apartment 16 complex's external paint was chipping away when you inspected it, you decide to put a fresh point on the external buildines to become more visually appealing in year 1 17 costing you $20,000. You also plan to add some firepits, picnic tables, and some shaded covered areas around the pool in year 2 costing you $65,000. After 15 years when you 18 go to sell the property, you find out that comparable properties are selling at an average cap rate of 5 5% and that you will have 6% selline expenses. 19

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