Please find what the rent per unit needs to be to have a Net Operating Income (NOI) of $100,000.
Assumptions
Please use the following assumptions below:
Rent per unit (per month)
Vacancy Rate (% of Potential Gross Income) 5%
Operating Expenses (% of Effective Gross Income) 30%
Number of Units 18
*Please fill out the blue area Rent per unit (per month)
Vacancy Rate (% of Potential Gross Income)
Operating Expenses (% of Effective Gross Income)
Number of Units

Answers

Answer 1

The rent per unit should be $8,354.22 to generate a Net Operating Income (NOI) of $100,000, given the vacancy rate and operating expenses.

What are the operating expenses?

The operating expenses are costs that must be deducted from the gross operating income to arrive at the net operating income.

The operating expenses do not include some period expenses, which are indirect costs.

                                                                                            Total

Rent per unit (per month) = $696.19 ($8,354.22/12)   $150,376

Vacancy Rate (5% of Potential Gross Income)                   7,519

Effective Gross Income                                                $142,857

Operating Expenses (30% of Effective Gross Income) 42,857

Net Operating Income (NOI)                                      $100,000

Number of Units 18

Working Backwards:

Gross operating income = net operating income + operating expenses

Operating expenses = 30% of effective gross income

Net operating income = 70% of effective gross income (100 - 30%)

= $100,000

Effective Gross Income (100%) = $142,857 ($100,000 ÷ 70%)

Vacancy rate = 5% of potential gross income

Effective Gross Income = 95% (100 - 5)

Potential gross income = $150,376 ($142,857 ÷ 95%)

Number of units = 18

Rent per unit = $8,354.22 ($150,376/18)

Rent per month = $696.19 ($8,354.22 ÷ 12)

Thus, a rent of $8,354.22 per unit can generate a Net operating income of $100,000.

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Related Questions

Find all solutions to 2sin(θ)=√3 on the interval 0≤θ<2π

Answers

Answer:

2sin(3θ) - √3 = 0

Step-by-step explanation:

 sin(3θ) = √3/2

 

3θ = π/3 + 2kπ or 2π/3 + 2kπ, k = 0, ±1, ±2, ±3,...

 

θ = π/9 + 2kπ/3, 2π/9 + 2kπ/3

 

If k = 0, we get θ = π/9, 2π/9

If k = 1, we get θ = 7π/9, 8π/9

If k = 2, we get θ = 13π/9, 14π/9

 

Other values of k give values of θ lying outside of the interval [0, 2π).

We want to find all the solutions of 2sin(θ) = √3 on the interval 0 ≤ θ ≤ 2π. The only solution is θ = 1.05

So we want to solve the equation: 2sin(θ) = √3

First, we divide both sides by 2 to get:

sin(θ) = (√3)/2

Now remember the inverse sine function, it acts as follows:

Asin(sin(x)) = xsin(Asin(x)) = x

So we can apply this to both sides to get:

Asin(sin(θ)) = Asin((√3)/2)θ = Asin((√3)/2) = 1.05

And because we know that the period of the sine function is 2π, we know that there is only one solution on the range between 0 and 2π, then the only solution in the interval is:

θ = 1.05

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Solve the system.
x + y - 3z = -20
-3y + 2z = 5
z = 4

Answers

Answer:

x= -9

y= 1

Step-by-step explanation:

-3y+2z=5

(put the value of z in the equation)

-3y+2(4)=5

-3y+8=5

8-5=3y

3=3y

y=3/3

therefore y= 1

x+y-3z=-20

(put the value of y and z in the equation)

x+1-3(4)=-20

x+1-12=-20

x+1= -20+12

x= -8-1

therefore x= -9

I hope it will help.

A easy question please help.

Answers

Answer:

D

Step-by-step explanation:

I have no idea how to explain this, but I'll try my best. Let me know if you want further clarification.

When you're slicing parallel to the base, it would mean "in line" with the base if that makes sense. If we were to draw a line on where we would slice it, and another repersenting the base, neither line would ever touch.

So looking through each possible answer, if we were to slice each shape parallel to the base, only D would produce a circle.

Again, sorry about this sloppy explaination.

Answer:

d

Step-by-step explanation:

the bottom is a circle

13. Which equation represents y = x2 - 10x + 30 in vertex form?
y = (x - 5)2 + 5
y = (x – 5)2 + 55
y = (x – 5)2 - 5
y = (x - 5)2 + 30

Answers

Answer:

y=(x-5)2-5 it's your answer plz make me barinly least

A lumber company is making boards that are 2638.0 millimeters tall. If the boards are too long they must be trimmed, and if the boards are too short they cannot be used. A sample of 18 is made, and it is found that they have a mean of 2636.5 millimeters with a standard deviation of 12.0. A level of significance of 0.05 will be used to determine if the boards are either too long or too short. Assume the population distribution is approximately normal. Is there sufficient evidence to support the claim that the boards are either too long or too short

Answers

Answer:

The answer is "Fail to reject [tex]H_o[/tex], because  [tex]w_o[/tex] is sufficient evidence for claim".

Step-by-step explanation:

[tex]H_0 \mu=2638.0 \ \ / \ \ H_a \mu \neq 2638.0 \\\\\mu < 2638.0 \ \ or \ \ \mu > 2638.0 \\\\\alpha =0.05 \ \ level \ \ at \ \ sufficient \\\\[/tex]

Test Statistic:

[tex]t =\frac{\bar{x}- \mu}{\frac{S}{\sqrt{n}}}\\\\=\frac{2636.5- 2638.0}{\frac{12.0}{\sqrt{18}}}\\\\= -0.5303\\\\[/tex]

[tex]dt=17\\\\[/tex]

p-value[tex]=0.6028[/tex]  

A company has developed a new video game console. After completing cost analysis
and demand forecasts, the company has determined that the profit function for the
new console is p(c) = -250c^2 + 70,000c - 4,570,000, where c is the number of
consoles sold. What is the domain of the profit function?

a. all integers
b. all rational numbers
c. all integers greater than or equal to zero
d. all rational numbers greater than or equal to zero

Answers

Answer: C

Step-by-step explanation:

The domain of the profit function is (c) all integers greater than or equal to zero.

What is Function?

A function is a relation from a set A to a set B where the elements in set A only maps to one and only one image in set B. No elements in set A has more than one image in set B.

Given that,

A company has developed a new video game console.

After completing cost analysis and demand forecasts, the company has determined that the profit function for the new console is,

P(c) = -250c² + 70000c - 4,570,000

where c is the number of consoles sold.

Here domain is the number of consoles sold or c.

The number of consoles cannot be negative and fractions.

So the domain does not contain all integers and all fractional numbers which are rational numbers.

So the domain is all integers greater than or equal to zero.

Hence the correct option is (c).

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What's equivalent to 5x + 10 and none Equivalent to 5x + 10

Answers

Answer:

2(5x+6)-9

Step-by-step explanation:

That's the answer to the problem

Please help with this question ASAP! Thanks!

Answers

Answer:

The equivalent expression is  [tex]8.25\cdot y -14[/tex].

Step-by-step explanation:

Let [tex]4\cdot (1.75\cdot y -3.5)+1.25\cdot y[/tex], we proceed to simplify the expression by like terms and other algebraic operations:

1)  [tex]4\cdot (1.75\cdot y -3.5)+1.25\cdot y[/tex]  Given

2) [tex][1.75\cdot y +(-3.5)]\cdot 4 + 1.25\cdot y[/tex] Commutative property/Definition of subtraction.

3) [tex](1.75\cdot 4) \cdot y +(-3.5)\cdot 4 + 1.25\cdot y[/tex] Distributive and associative properties.

4) [tex]7\cdot y +(-14)+1.25\cdot y[/tex] Definition of multiplication/[tex]a\cdot (-b) = - a\cdot b[/tex]

5) [tex](7+1.25)\cdot y -14[/tex] Commutative and distributive properties/Definition of subtraction.

6) [tex]8.25\cdot y -14[/tex] Definition of addition/Result

The equivalent expression is  [tex]8.25\cdot y -14[/tex].

Order the sides of each triangle from shortest to longest

Answers

B. Is the answer. Hope it helps

During the Falcons game, Julio Jones ran a straight route 40 yards up the sideline before turning around and catching a pass from Matt Ryan. Defender, Malcolm Butler, who started 20 yards across the field from Jones, saw the play setup and ran horizontally toward the receiver. What was the distance the defender had to run to get to the spot where Jones caught the ball? (PLS DONT GIVE WEBSITE PLS JUST ANSWER)

Answers

Answer:

its 20 because he ran 20 from jones


Please awnser this for me

Answers

Answer:

B. 15 y +8  x/ 6 x y

Step-by-step explanation:

Combine the fractions by finding a common denominator.

Answer:

B

Step-by-step explanation:

For an art project, Jack used a piece of rope that was of a foot long. Daniel used a piece of rope that was 5 times as long. How long was Daniel's piece of rope?

Answers

Answer:

5 feet aka 60 inches

Step-by-step explanation:

A 5 feet

Multiply 12 times 5

Which is equal to 60 inches

5 feet= 60 inches

PLEASE HELP!!


Carlos is driving to Phoenix. Suppose that the remaining distance to drive (in miles) is a linear function of his driving time (in minutes). When graphed, the function gives a line with a slope of -0.85 . See the figure below.

Carlos has 60 miles remaining after 33 minutes of driving. How many miles were remaining after 25 minutes of driving?

Answers

Answer:

See below

Step-by-step explanation:

you have to use the equation y=mx+b

We know the slope is -0.85

we can plug in -0.85 for m to give us

y=-0.85x+b

Then we can use the 60 miles and 33 minutes by plugging them in for x and y

60=-0.85*33+b (multiply the numbers)

60=-28.05+b (add 28.05 to both sides to isolate the variable)

b=88.05

Then, use b with the slope and plug in the 25 minutes for x

y=-0.85*25+88.05

y= 66.8 miles

hope this helps : D

5. The coordinates of the points A and B are (0, 6)
and (8, 0) respectively.

() Find the equation of the line passing through

A and B

Given that the line y = x+1 cuts the line AB at
the point M, find

(ii) the coordinates of M,

(in) the equation of the line which passes

through Mand is parallel to the -axis,

(iv) the equation of the line which passes through

Mand is parallel to the y-axis.​

Answers

i need to answer two questions to ask again sorry

Find the measure of angle 1.​

Answers

Answer:

Hi! I would LOVEEE to help you...But, there is no picyure or anything to see angle 1.

Step-by-step explanation:

Please help thank you

Answers

Answer:

[tex] \frac{4}{9} [/tex]


A rectangle has an area of 1008
square feet. Its width is six feet less
than twice the length. Find the
measures of the length and width of
the rectangle.

Answers

9514 1404 393

Answer:

length: 24 ftwidth: 42 ft

Step-by-step explanation:

The area is the product of length and width. If L represents the length, then the width is (2L -6), and the area is ...

  L(2L -6) = 1008

  L² -3L -504 = 0 . . . . . divide by 2, put in standard form

  (L -24)(L +21) = 0 . . . . factor

  L = 24 . . . . makes the first factor zero

  W = 2L -6 = 2(24) -6 = 42

The length of the rectangle is 24 feet; the width is 42 feet.

1) A line passes through the points (7,4) and (-5, - 2). Which of the
following equations BEST defines this line?

Answers

Answer:

.5x = y

Step-by-step explanation:

You can find mx by comparing two points on a graph

I need some help!! I wil try to give brainliest!!!

Answers

C Bill drove at a rate that was 10 mph faster than the rate Kevin drove

The graph f(x)=x^1/3 is symmetric about the y-axis . True or false justify your answer

Answers

Answer:

False

Step-by-step explanation:

Upon graphing the function with any given graphing calculator, the function does not have symmetry across the y axis, as the graph is going below the x axis on one side of the y axis, and above the x axis on the other side of the y axis.

Jenelle draws one card from a standard deck of 52 cards.

Determine the probability of drawing either a jack or a ten? Write your answer as a reduced fraction=

Determine the probability of drawing either a jack or a diamond? Write your answer as a reduced fraction= ​

Answers

13

+

4

1

52

=

16

52

=

4

13

0.3077

Explanation:

In a standard deck of cards, there are 52 cards. They are broken down into suits (4 of them: Spades, Hearts, Diamonds, Clubs) of 13 cards each. Each suit has 13 ordinal cards (A, 2 through 10, Jack, Queen, King).

Here we're asked to draw a card at random and find the probability of drawing either a diamond or a 7.

With probability, we look at the fraction of ways we can achieve some condition (the numerator) over the number of ways we can do something (the denominator).

Our denominator here is 52 - the number of cards from which we can pull 1.

Our numerator is both all the diamonds, 13 cards, and all the sevens, 4 cards, but we need to subtract 1 to account for the double counting of the 7 of diamonds.

The probability of drawing a jack or ten from a deck of cards is 2/13.

The probability of drawing a jack or a diamond is 15/52.

How to calculate probability?

Fact: A deck of cards has 52 cards and in it:

13 cards of diamond13 cards of heart13 cards of clubs13 cards of spade

Another classification:

4 cards each of A,2,3,4,5,6,7,8,9,10,king,queen and jack And those 4 cards consist of a diamond, heart, club and spade card.

Now coming to the question:

We have 4 jack card and 4 10 cards, therefore total cards =8

Probability: Desired outcomes/total outcome

                  =8/52

                  =2/13

We have 13 diamond cards( in which 2 jack cards are already included) and another 2 jack cards.

therefore, total cards desired=13+2=15

Probability:15/52

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Please guys help me please

Answers

Answer - B
Explanations triangle reflected over y-axis


Find the measure of angle A

Answers

Answer:

Step-by-step explanation:

AB and DC are parallel, so ∠B and ∠C are supplementary angles.

∠B = 180°-∠C = 79°

AD and BC are congruent. ∠A = ∠B = 79°

6 dividido entre 3,978

Answers

Answer:

0.0015082956 es la respuesta pero el valor aproximado sería ≈ 0.0015083

what is the equation of the line that passes through the points (-4,-5) and (-2,-6)​

Answers

Answer:

The equation is: y=-0.5x-7

Step-by-step explanation:

If you can buy 48 plantains for $24, then how many can you buy with $4?​

Answers

Answer:

Step-by-step explanation:

I believe the answer is 8 plantains. For $12 you can buy 24 plantains, for $24 you can buy 48 plantains. Now we know that it is going to be times 2. This means you could get 8 plantains.      

Hope this helps!

pls help 10 ptsssssssssssss

Answers

18 + 4 = 22
Cause they already said that r = 4

Find the radius of circle G below.

Answers

The answer is going to be A

Find the Mean, Median, Mode and Range of the following data. 17, 11, 12, 8, 16,6

Answers

Answer:

Mean: 11.822.

Mode: 17,11,12,8,16,6.

Median: 12.

Step-by-step explanation:

Hope this helps! The mode is the number that occurs most in the set and since they all show up once the mode is all of them.

Which choice is equivalent to the quotient below? ​

Answers

Hopes this helps:

Answer: B. 4
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