QUESTION 32 9 You are considering purchasing a small office building for $2,375,000. The expected first year potential gross income is $440,000 with a vacancy loss equal to 15% of the PGI Operating expenses and Capital expenditures are expected to be 40% and 5% of the EGI respectively. The mortgage on the property is 75% LTV at a 6% interest rate with a 20-year term with monthly compounding A What is the required equity investment (what is the required down payment)? (3 points) 8 Estimate NOI, the debt service paid in a year and the Before Tax Cash Flow. (6 points) TTT Ana (12pt) T DLL QUESTION 32 9 You are considering purchasing a small office building for $2,375,000. The expected first year potential gross income is $440,000 with a vacancy loss equal to 15% of the PGI Operating expenses and Capital expenditures are expected to be 40% and 5% of the EGI respectively. The mortgage on the property is 75% LTV at a 6% interest rate with a 20-year term with monthly compounding A What is the required equity investment (what is the required down payment)? (3 points) 8 Estimate NOI, the debt service paid in a year and the Before Tax Cash Flow. (6 points) TTT Ana (12pt) T DLL