Question: Set cell E65 equal to the appropriate cell in the Operating Expense Assumptions table. Assume youll pay a brokerage fee to re-rent or renew each

Set cell E65 equal to the appropriate cell in the Operating Expense Assumptions table. Assume youll pay a brokerage fee to re-rent or renew each commercial unit every 5 years. The brokerage fee for each unit will be a percentage of the total rent over the entire 5 year lease period. Enter a formula to calculate the Brokerage Fee for Commercial units. Hint: Commercial unit brokerage fees will only be paid out in Year 1 and Year 6.

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