问题
单项选择题
| John Williams wants to purchase an apartment complex. The complex consists of 75 units each renting for $700 per month. The estimated vacancy and collection loss rate is 7 percent. The insurance for the building is $40000 annually and taxes are $22000 annually. Utilities are $18000 and the maintenance expense is $29000. Assume a market cap rate of 11 percent. Recent sales of nearby apartment complexes have resulted in the following information. Characteristics Units Slope Coefficient in $per Unit Proximity to downtown In miles -350000 Vacancy rate Percentage - 50000 Building size Units + 75000 Williams’ proposed apartment complex is 4 miles away from downtown and has an estimated vacancy rate of 6 percent. |
What is the net operating income (NOI) for Williams’ proposed apartment complex（）
A. $498900.
B. $436153.
C. $476900.
答案
参考答案：C
解析：
NOI =75 ×700 ×12 ×0.93- $4000- $22000- $18000- $29000 = $476900.