1. Definitions Sum of all actual income assuming 100% occupancy.
2. Input actual vacancy and uncollectables. If input is less than 5% of Gross Potential Income, model will automatically defaut to greater number.
3. Input actual expenses with necessary adjustments for Taxes and Insurance. Use Miscellaneous as a catch all.
4. Input actual management expenses. If input is less than 5% of Effective Potential Income, model will automatically defaut to greater number.
5. Use greater of $.15/sq. ft. or actual.
6. Use greater of $.60/sq. ft. or actual.
7. Use greater of $.40/sq. ft. or actual.
8. Defaults to 1.2 times.
