# The following information about an apartment building applies to the next 12 questions: Total Value : $1,000,000 Number of units: 20 Rent/unit/year:...

Can you please show how to work out this question can you show the work for the problem

The following information about an apartment building applies to the next 12 questions:Total Value :$1,000,000Number of units:20Rent/unit/year:$8,000Expected Selling Price at the end of 5 years: $1,500,000Selling Expenses:10% of selling priceBuilding Value / Total Value:55%Holding period:5 yearsVacancy rate:5%Maintenance:$7,000/yearProperty taxes:$4,000/yearManagement fees:$6,000/yearProperty Insurance:$1,500/yearUtilities:$1,500/yearDebt Service:$100,000/year1st year Mortgage Interest:$90,000Loan Balance at the end of year 5:$800,000Your marginal income tax rate:28%Depreciation recapture tax rate:25%Capital Gain Tax Rate:20%

Show more