Apartment Complex: 15 1-Bedroom Units renting for $800/month 10 2-Bedroom Units renting for $950/month 5 3-Bedroom Units renting for $1100/month Other Income is 2% of the Potential Gross Rent Vacancy Allowance is 8% of Potential Gross Income Loss Allowance is 3% of Potential Gross Income Operating Expenses are 46% of Effective Gross Income Current Market Lending Terms: 25-yr term, Interest Rate of 4.75%, 70% LTV, DCR = 1.30 Building Value = $1,590,000 (use this to calculate the building value at 60% of the total property value) Total property value = $2,650,000 COLA / Inflation is expected to be 2% Calculate the 10 year holding period cash flow statement.