Question

Assume a 6,000 square foot property rents for $10 per square foot per year. There are no vacancies. Expenses are 40% of gross income. The property was bought for $400,000 with a loan-to-value ratio of 60%. The loan was at 5% for 25 years with monthly payments. What is the CFAT for the property in the first year assuming the land is “fully developed?” {Remember our handy 80/20 rule, where fully-developed property has 80% of its value attributed to the depreciable building.} Assume the taxpayer has a tax rate of 40%. (This is a commercial property, of course, as typically only commercial rents are reported per square foot.)

Answer #1

Assume a 6,000 square foot property rents for $10 per square
foot per year. There are no vacancies. Expenses are 40% of gross
income. The property was bought for $400,000 with a loan-to-value
ratio of 60%. The loan was at 5% for 25 years with monthly
payments. What is the CFAT for the property in the first year
assuming the land is “fully developed?” {Remember our handy 80/20
rule, where fully-developed property has 80% of its value
attributed to the...

Assume the property tax rate for Minneapolis is $8.77
per square foot, and the Denver rate is $2.24 a square foot. If
4,300 square feet is occupied at each location what is the
difference paid in property taxes? Do not round intermediate
calculations

Please read the article and answear about
questions.
Determining the Value of the Business
After you have completed a thorough and exacting investigation,
you need to analyze all the infor- mation you have gathered. This
is the time to consult with your business, financial, and legal
advis- ers to arrive at an estimate of the value of the business.
Outside advisers are impartial and are more likely to see the bad
things about the business than are you. You should...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 13 minutes ago

asked 33 minutes ago

asked 34 minutes ago

asked 37 minutes ago

asked 44 minutes ago

asked 47 minutes ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago