Taxes assessments for a property in NYC are $1,000,000, $1,200,000, $1,100,000, $1,300,000, $1,400,000 for years 1-5, respectively. The mil rate is 131 per $1,000 in year 1 an they are anticipated to grow 2% per year. What are the taxes given the phase in over 5 years.
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Taxes assessments for a property in NYC are $1,000,000, $1,200,000, $1,100,000, $1,300,000, $1,400,000 for years 1-5, respectively. The mil rate is 131 per $1,000 in year 1 an they are anticipated to grow 2% per year. What are the taxes given the phase in over 5 years.
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- A lot purchased for $4,500 is held for five years and sold for $13,500. The average annual property tax is $45 and may be accounted for at an interest rate of 12%. The income tax rate on the long term capital gain is 15% of the gain. What is the rate of return on the investment if the allowance for inflation is treated at an average annual rate of 7%?An apartment property is expected to generate a rental income of $255,000 in year 1 that will grow at an annual rate of 2.5% over the following years. The property will be sold at the end of year 10 for $4.5 million. 1. What is the PV of the property's 10-year rental income and sale price at the end if the annual discount rate is 8.5 % ?The annual cost of a certain service is $42,000 at EOY 1 which decreases by 5.5% per year for a period of 12 years. If the interest rate is 5.5% per year, what is the present equivalent of the annual cost at the beginning of year 1? O a. $477,725 O b. $295,355 O c. $279,957 O d. $504,000 O e. $262,720
- Three years ago, a property was leased for ten years with a fifth-year rent review. The projected growth rate for the rent passing, which is currently 100,000 year, is 3%. What is the anticipated rent at the time of the rent review? Select the correct response: 104,372 106,090 110,838 112,741Find, per year before AND after tax return for an investment of 15,000 that runs for a twenty five years. Note: The annual payment is at 15% annual rate.Your company borrows $300,000 from the investment bank for building upgrades. It agrees for a (5) years loan with annual payment of $45,000 for first four payments, and the final payment on the 5th year should be $170,000. Calculate the annual payment in the first four years, interest rate, and the final payment at year 5. |
- The maintenance cost of a new equipment is projected to start at the end of the 2nd year at an amount of P 8,000. At the succeeding years, the maintenance cost will increase by a uniform amount of P 600, up to the end of the 6th year. Find future amount at the end of the 6th year for all the maintenance cost at 8% interest.The maintenance of a room air conditioner is expected to be P 200,000 at the end ofthe first year and is expected to increase P 10,000 each year for the following 7 years. Assuming rate of interest at 8%, compute: A) The sum of money to be set aside now for the future maintenance of the roomB) The equivalent uniform annual maintenance costAssume home prices in Cobb county increase annually at 3%. For how much would you expect to sell a property in 8 years if its current value is $200,000? $253,354.02 $157,881.85 $248,000 $242,000
- An investment will provide after-tax revenue of $22,336 per year for 7 years. What is the present value of this revenue stream assuming a discount rate of 5.25%?What is the present worth in year 0 of a uniform series of payments of $1,000 in years 2 thru 5 and another series of $2,000 payments in years 8 thru 12 at an interest rate of 12% per year?Ida is purchasing property worth $890,000 with a down payment of $284,800 and quarterly payments at the end of every three months for 30 years. If the interest rate of 2.67% compounded monthly for the 30 years: (a) What is the amount of each payment? Round the answer to the nearest cent. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ (b) What is the cost of financing? Round the answer to the nearest cent. Cost of financing = $ (enter a positive value)