What is the estimated operating cash flow for the building

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Reference no: EM133608980

Question: ABC Development just finished a 100-unit apartment complex with 100,000 sf of leasable area. The monthly gross rent is $50 per square foot. The expected vacancy and operating expenses are 5% and 50%, respectively. The annual debt payment cost for a mortgage is $1,000,000. What is the estimated operating cash flow for the building?

Reference no: EM133608980

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