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You've just taken your first job for GTA Property Management and Developments, a large estate firm in Etobioe specializing in the management of rental housing complexes. GTA is planning to buy Ford Haven, a recently built, 200-unit, affordable housing development in the Rosedale area of central Toronto. Your supervisor directs you to estimate operating cash flow (NOI) for Ford Haven, by preparing an explicit pro forma statement of its cash flows over the coming year, based on the data in the project description below.
GTA has the following internal forecasts for other revenues and operating costs accruing to the complex:
Briefly define the independent and dependent variables in measurable terms.
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