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Unformatted text preview: When picking up base year expense your operating income will be affected The renewal option is better for the tenant they can negotiate a better price than they originally had it. Unilateral right that the tenants have to renew or not to renew If rents are going up and their renewal rent lower theyll renew Net lease effects the income statement Asset type: office, mix use, hotel, single tenant multiple tenant, retail Risk profile: 1 is the safest 10 is the riskiest. What is the risk for that property and give some background. Cap rate: The reasons why? familiar with the property and housing around it, traffic, lease placing in a while Rent Roll: who occupying the space, when the lease commence, expires, base rent, square footage, monthly base rent, operating expense, and taxes. Loopnet Call local brokers Capital budget: Hard costs and soft costs Revenues and expenses if the property has 100,000 $ of rent 50,000 net income 50,000 x 1.25...
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This note was uploaded on 04/05/2012 for the course RES 442 taught by Professor Johnhucko during the Spring '12 term at Syracuse.
- Spring '12