NO.PZ2024121001000069
问题如下:
P company’s project plan includes 1,000 residential units averaging 800 ft2 each. Project planners estimate a monthly rent per ft2 net of expenses is USD2.75, with no additional income. Occupancy is expected to be 95% upon completion in two years, with 30% of gross rent as expenses, including a small capital improvement allowance. The NOI of the project is选项:
A.26,400,000 B.18,480,000 C.17,160,000解释:
Gross = 800ft2 × 1,000 units × 2.75 rent/ft2 × 12 rent=26,400,000. Next, subtract vacancies and operating expenses (5%, or 100% – 95%, and 30% of gross rent, respectively) from gross rent:
NOI = (1 – 0.35) ×26,400,000=17,160,000

题目中是算出100%占有率情况下的房租, 减掉30% 的 Gross rent 和 5%的 Vacancies:
(800*1000*2.75*12)*(1-0.35)
为什么不这样算:
(800*1000*2.75*12)*(1-0.05)*(1-0.3)