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8_murik_8 [283]
3 years ago
5

An apartment building produces $4,000 per quarter in gross rents. The maintenance expenses run $350 per month. Property taxes ar

e $1,750 per year. The mortgage payments are $650 per month. If the building is worth $83,750 what is the cap rate?
Mathematics
1 answer:
S_A_V [24]3 years ago
5 0

Answer:

0.16%

Step-by-step explanation:

Cost of rent per quarter = $4000

Cost of rent per year = 4×$4000

= $16,000

This means that the apartment building produces $12,000 per year in gross rents.

Yearly Expenses are as follows;

Maintenance expenses per year = 12×$350 = $4200

Property taxes per year = $1,750

Mortgage payment per year = 12×$650 = $7800

Total expenses per year = sum of all the yearly expenses

= $4200+$1,750+$7800

= $13750

Yearly revenue generated = Cost of rent per year - total yearly expenses

= $16,000-$13750

= $2250 (net operating income)

Capitalization rate is given as the ratio of the net operating income to the market value of the building.

Capitalization rate = net operating income/market value of building

Since the building with $83750, that will be its market value

Cap rate = $13750/$83750

Cap rate = 0.16%

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Marina CMI [18]

Answer:

Samantha share =$250

ratio = 5:3

Step-by-step explanation:

Samantha

= jade + 100

jade

150

samantha

150 + 100 = 250

ratio

250:150

5:3

5 0
2 years ago
Find the coordinates of a point that divides the directed line segment XY in the ratio 2:6. answers: A) (3, 5) B) (–1, –3) C) (0
Stells [14]

Answer:

Option D.

Step-by-step explanation:

Let the coordinates of a point which divides the segment XY in the ratio of m : n is (x, y).

Segment X(-4, -9) and Y(4, 7) has been divided in the ratio of 2 : 6.

Therefore, x = \frac{[4m+n(-4)]}{m+n}=\frac{8-24}{2+6}

                    = -\frac{16}{8}

                    = -2

and y = \frac{[7m+n(-9)]}{m+n}=\frac{14-54}{2+6}

         = -\frac{40}{8}

         = -5

Therefore, the point (x, y) is (-2, -5).

Option D. will be the answer.

4 0
3 years ago
How do you factorize p2 + 2p - 3 =0
julia-pushkina [17]

Answer:

Solution

p = {-3, 1}

Step-by-step explanation:

Simplifying

p2 + 2p + -3 = 0

Reorder the terms:

-3 + 2p + p2 = 0

Solving

-3 + 2p + p2 = 0

Solving for variable 'p'.

Factor a trinomial.

(-3 + -1p)(1 + -1p) = 0

Subproblem 1

Set the factor '(-3 + -1p)' equal to zero and attempt to solve:

Simplifying

-3 + -1p = 0

Solving

-3 + -1p = 0

Move all terms containing p to the left, all other terms to the right.

Add '3' to each side of the equation.

-3 + 3 + -1p = 0 + 3

Combine like terms: -3 + 3 = 0

0 + -1p = 0 + 3

-1p = 0 + 3

Combine like terms: 0 + 3 = 3

-1p = 3

Divide each side by '-1'.

p = -3

Simplifying

p = -3

Subproblem 2

Set the factor '(1 + -1p)' equal to zero and attempt to solve:

Simplifying

1 + -1p = 0

Solving

1 + -1p = 0

Move all terms containing p to the left, all other terms to the right.

Add '-1' to each side of the equation.

1 + -1 + -1p = 0 + -1

Combine like terms: 1 + -1 = 0

0 + -1p = 0 + -1

-1p = 0 + -1

Combine like terms: 0 + -1 = -1

-1p = -1

Divide each side by '-1'.

p = 1

Simplifying

p = 1

Solution

p = {-3, 1}

4 0
3 years ago
Can someone help me please
Lorico [155]
29 3/4 i am pretty sure !
4 0
3 years ago
Read 2 more answers
Pls, I need help is anyone really good at french!! PLS
ira [324]

Answer:

yeah the answer is

bounjour messimie Step-by-step explanation:

4 0
3 years ago
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