REAL ESTATE FINANCE Sample Problems (Show detailed solution) 1. What is the vacancy rate of rental apartments of a community with 50 empty rental apartments and 500 total rental apartments? 2. Compute the vacancy rate of the apartment complex that has 400 units, 50 of which are available for lease. 3. Arlene was paying a monthly amortization of P35,000 at 15% per annum. Its amortization factor is .03505, what is the amount finance by the bank? (Round-off your answer to the nearest figure). 4. Maria owns a house valued at Php5,000,000.00. What is the percentage loss of Maria if she sells her house for Php 3,500,000 to cover another debt? 5. An investor purchased a commercial condo unit with an equity of Php1,000,000.00 and a mortgage loan of Php8,000,000 at 6% interest rate for eight years. Compute the total amount of interest paid at the end of the eight year If the monthly payment for he loan is Php105,131.44 6. An investor purchased a commercial condo unit with an equity of Php1,000,000.00 and a mortgage loan of Php8,000,000 at 6% interest rate for eight years. Compute the total amount of interest paid at the end of the eight year If the monthly payment for he loan is Php105,131.44. 7. A piece of property is purchased on instalment. The buyer makes an P80,000 down payment and owes a balance of P150,000 in 2 years. Find the Property's cash value if money is worth 14% compounded quarterly. 8. Compute the net taxable income. Given: Rental = P 1,000,000; Utilities =P 150,000; Property taxes = P 100,000; Management fee = P 50,000; Maintenance expense = P200,000; Interest - P200,000; Income tax = P100,000; Depreciation = P100,000.REAL ESTATE FINANCE Sample Problems [Show detailed solution] 1. The appropriate adjustment for time is determined to be 3% per annum. The time adjustment for a comparable property that was sold a year ago for P955590 per square meter is 2. The priyate owner of a residential condo which has 28 sqm floor area sells it for P3,4DU,UDD less a 10% discount. How much is the output tax on this transaction? 3. Iris Legislador deposited Pl today in a rural bank and it earns 10% compound interest per annum , how much will her money be after 10 years, assuming interest is credited annually and subject to 20% withholding tax? 4. Susan 513.9. inyested P10M in a mutual fund with guaranteed minimum yield of 5% per annum. Cln the 5th year, she withdrew PSM. How much will the fund be after another 5 years? 5. Based on current zonal values, your estate is worth P2DM today. If zonal value is expected to increase 5% every 3 years, how much will be the estate tax 9 years from now? Assume standard deduction from the gross estate is PSM, you have no family home, and the estate tax rate is straight 6%. 6. John Ferrer plans to invest the amount of PlK annually for his retirement in It] years. How much should the minimum annual interest rate be in order for him to retire with at least P 1.4Million. The annuity factor is 14.436 ?. Mr. Sta. Cruz took out a 20year loan of P1,,[}0 at 6% interest, amortizing P 3?,20 fyear. After 2 years of paying the amortization, he wants to pay off the loan. What is the balance? The annual amortization factor is .DBTZ. 8. If a property has a net income ratio of .?5 and a gross income multiplier of 9, what is the