Question: Please type out formula please use excel. CH. 9 - OFFICE CASE STUDY You own a 232 unit apartment complex. It is a combination of
Please type out formula
please use excel.

CH. 9 - OFFICE CASE STUDY You own a 232 unit apartment complex. It is a combination of 1 and 2 bedroom units. The average rent per unit is 885.65 per month. Vacancy and collection loss is 11.55% of gross rent. You collect non-rental income from parking, laundry, etc. of 111,080. Several units were signed to leases prior to a market rent increase so your 'loss to lease' is 263.09 per unit (annually). You recover a certain number of utility expenses from renters in the amount of 200,000. You believe per year you should save/earmark 246,095 for capital expenditures. Concessions to renters will amount to 181,739. Operating expenses are 990,380. What is Net Operating Income? What is Net Cash Flow
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