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Vacancy and collection loss

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Reference no: EM131272719

Assume that market rents are $25 per square foot, vacancy and collection loss is 5 percent and operating expenses are $6.75 per square foot. If the total project cost is $140 per square foot and the investor requires a return of 10 percent, how much can be spent per square foot to develop the project.

Reference no: EM131272719

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