Answer:
The estimate value of the subject property is $8,269,200
The other information that would be desirable in reaching a conclusion:
The closeness of the property to central business districts as the closer it is the higher the asking price.
The estimate was solely based on revenue, the applicable costs have been ignored.
The average taken might not be a good indication for the subject property because the property might have unique features
Explanation:
The formula for Gross Rent Multiplier is given Property Price / Gross Monthly Rental Income.
In determining the estimate value of the subject property ,we calculate the gross rent multiplier of the new property,then multiply it with the annual rental income.
In ascertaining the GRM of the new property we take the average GRM of the two similar properties in the same area.This is because the new property judging from number of units, lies in-between the other two properties.
GRM for Oaks
GRM=$9000000/($550*140)
GRM =116.88
GRM for Palms
GRM=$6,600,000/($650*90)
GRM =112.82
The average GRM=(116.88+112.82)/2
=114.85
Subject property price=114.85*(120*$600)
=$8,269,200
Answer:
$1,534.372
Explanation:
The computation of the expected level of the index in one year is shown below:
= Current index level × 1 + expected rate of return on the market - expected future value of the dividend paid over the next year
= $1,433 × (1 + 8.4%) - $19
= $1,553.372 - $19
= $1,534.372
We simply applied the above formula so that the expected level of the index in one year could come
Answer:
75%
<h3>
Explanation:</h3>
- Lenders use the lesser of the sales price or appraised value to calculate the loan-to-value ratio (LTV).
- This results in LTV of 75% ($300,000/$400,000).
<h3>How do you calculate the loan-to-value ratio?</h3>
- To figure out your LTV ratio, divide your current loan balance (you can find this number on your monthly statement or online account) by your home's appraised value.
- Multiply by 100 to convert this number to a percentage. Caroline's loan-to-value ratio is 35%.
To learn more about it, refer
to brainly.com/question/25689052
#SPJ4
The behavior of having to eat the entire box of cookies
before attending the weight watchers meeting is an example of having the
feeling of overwhelmed by obligations that the person would likely execute
conflict. It is seen above as because the person has the obligation of having
to have his or her weight to be monitored, he or she has felt the need or urge
of having to do some things that he or she wasn't able to do because of it,
that is why he or she has arise in the conflict of having to do something that
he or she wasn't supposed to do such as eating the box of cookies.
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Answer:
Businesses use three types of profit to examine different areas of their companies.
1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.
2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.
3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.
Explanation:
