Question: please help me!!! You have been asked to develop a pro forma statement of cash flow for West Office Plaza. The information given to you
You have been asked to develop a pro forma statement of cash flow for West Office Plaza. The information given to you is listed below. Property Information: WEST OFFICE PLAZA Rentable Area Age Number of Stories Number of Tenants 312,000 square feet 8 years 15 40 Financial Information: Base Rent Average Other Income/Parking/Storage Expenses Recoverable from Tenants Current Vacancy $ 20 per square feet $ 2.10 per square feet $ 3.10 per square feet 5 Expenses: Management/Administration/Security/Ownership $ 696,20 Property Taxes $ 678,000 Insurance $. 431,200 General Operations/Leasing Expense/Marketing $ 670,000 Utilities $ 1,162, 100 Janitorial/Cleaning $ 492,000 Business Taxes $ 113,000 Other : Recurring CAPEX/Improvement Allowance $703,000 Required: a. Develop a pro forma statement of cash flow for a base year showing net operating income (NOI) for West Office Plaza
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