11. Calculate the net income multiplier for this property. First-year NOI: $18,750, Acquisition price: $150,000, Equity Investment: 20%.
a. 1. 6
b. 0. 1
c. 8. 0
d. 12. 5
12. Calculate the loan-to-value ratio for this property. Loan amount: $450,000, Interest rate: 7. 5%, Acquisition price: $550,000
a. 0. 18
b. 0. 82
c. 0. 99
d. 1. 22
13. Calculate the cap rate for the following apartment complex. 15 Units; Monthly market rent: $1000; Vacancy rate 10% of potential gross income; Operating Expenses: 5% of effective gross income; Capital Expenditures: 10% of effective gross income; Acquisition Price: $1,710,000.
a. 8. 1%
b. 9. 0%
c. 9. 5%
d. 10. 5%
14. Given the following information, calculate the equity dividend rate for this investment. First -year NOI: $87,750, Acquisition price: $1,250,000, Equity Investment: 35%; Before-tax cash flow: $53,500.
a. 4. 3%
b. 7. 0%
c. 12. 2%
d. 10. 1%
15. Given the following information, calculate the acquisition price of the property. First-year NOI: $57,750, cap rate: 8. 5%, Equity Investment: 30%.
a. $192,500
b. $203,824
c. $679,412
d. $2,264. 706
