Which of the following statements regarding capitalization rates on commercial real estate investments is the most correct? 

The following question is worth 4 points.   Given the following information regarding an income producing property, determine the internal rate of return (IRR) using levered cash flows. Expected Holding Period: 5 years; 1st year Expected NOI: $89,100; 2nd year Expected NOI: $91,773; 3rd year Expected NOI: $94,526; 4th year Expected NOI: $97,362; 5th year Expected NOI: $100,283; Debt Service in each of the next five years: $58,444; Current Market Value: $885,000; Required equity investment: $221,250; Net Sale Proceeds of Property at end of year 5: $974,700; Remaining Mortgage Balance at end of year 5: $631,026.

Find the mistakes with the underlined words, and correct them on the line provided below. Not all of the sentences have mistakes. If there are no mistakes, write “Correct” on the line provided.  Do not make any changes to correct sentences.  (They will be marked wrong.)I got up late and missed my bus. I should gotten up earlier._________________________________________________________________________.

The annual percentage rate (APR) of a home loan

Which of these laws requires a standard closing statement or settlement form for virtually all home mortgage loans?

The following question is worth 4 points.   Given the following information, calculate the estimated terminal value of the property at the end of its holding period. Going-out cap rate: 9%, Estimated holding period: 5 years, NOI for year 5: $100,500, NOI for year 6: $102,000.

Find the mistakes with the underlined words, and correct them on the line provided below. Not all of the sentences have mistakes. If there are no mistakes, write “Correct” on the line provided.  Do not make any changes to correct sentences.  (They will be marked wrong.)Our son didn’t get a scholarship, so we had to paid for his tuition._________________________________________________________________________.

The following question is worth 4 points.   You have taken out a $350,000, 3/1 ARM. The initial contract rate is 6.0% (annual), which will remain fixed for 3 years. Payments will be made monthly. The loan will be amortized over 30 years. Assume the interest rate on the loan (index plus margin) will increase to 6.5% at the beginning of year 4. What will be the monthly payment in year 4?

What diagnosis would you expect to find in a patient with a CVP = 15, b/p= 143/89, PAP= 62/30, PAWP = 15, CO = 10 ?

Decide whether must in the following sentences means Necessity or a Logical Conclusion. The test is tomorrow. You must take the test to graduate.