Question: Question 8 10 pts You are trying to value a multi-unit apartment building. Use the following information to value the property using the EGIM provided
Question 8 10 pts You are trying to value a multi-unit apartment building. Use the following information to value the property using the EGIM provided 8 $1,500.00 $1,000.00 Number of apartments Market rent (per month) Problem Misc. Income Vacancy and collection losses Operating expenses Capital expenditures EGIM 12% of PGI 5% of EGI 10% of EGI O $755,000 $766,320 $787.000 $864,000
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