Purchasing property with an effective gross income

Assignment Help Financial Management

Reference no: EM131611257

Bruce Wanye is interested in purchasing a property with an effective gross income of $56,321 and a net operating income of $30,481. A comparable property has a price of $302,110, effective gross income of $53,567, and an NOI of $27,629. What is an estimate of the sales price using the gross income multiplier approach?

Reference no: EM131611257

Questions Cloud

Current value and value of the firm : Jet Corporation expects an EBIT of $38,000 every year forever. What is the current value of the company?

What is cost of equity after recapitalization : Meyer & Co. expects its EBIT to be $78,000 every year forever. What is the cost of equity after recapitalization?

Interest rate that makes the sum of the investments : which is an interest rate that makes the sum of the investments and returns on the investment zero at the end of the life of the project.

Calculate risk of six-month call option-risk of call option : Calculate the risk (beta) of a six-month call option with an exercise price of $530. Risk of Call Option:

Purchasing property with an effective gross income : Bruce Wanye is interested in purchasing a property with an effective gross income of $56,321 and a net operating income of $30,481.

Company to evaluate the proposed acquisition of new machine : You have been asked by the president of your company to evaluate the proposed acquisition of a new machine. What is the operating cash flow per year?

Describe the five inputs to a time value of money problem : Explain in detail the two accounting principles that we rely on in the adjusting process. Describe the five inputs to a time value of money problem.

Market in period when stocks are rapidly falling in value : Will your portfolio likely outperform or underperform the market in a period when stocks are rapidly falling in value? Why?

Pay for expenses in the assisted-living facility : Which of the following calculations should you use to determine the initial deposit amount to pay for her expenses in the assisted-living facility?

User Account

All Pages