Question: You are trying to value a multi-unit apartment building. Use the following information to value the property using the EGIM provided. Number of apartments 8

You are trying to value a multi-unit apartment building. Use the following information to value the property using the EGIM provided. Number of apartments 8 Market rent (per month $1.500.00 Misc. Income $1,000.00 Vacancy and collection losses 12% of PGI Operating expenses 5% of EGI Capital expenditures 10% of EGI EGIM 8 $964,000 5587.000 $1.155,000 $1.021.760

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