Deal of the Week: Los Angeles Get ready! The player with the highest score in the fastest time wins $200! The competition ends at 5pm ET. Question Title * 1. Name: Question Title * 2. Email: Question Title * 3. What is your Project Destined city or partnering organization? New York Los Angeles Detroit Atlanta Baltimore London Durham Washington D.C. Management Leadership for Tomorrow (MLT) Other (please specify what PD Squad you are!): Question Title * 4. Payment Info: Cash App: Venmo: PayPal: Question Title * 5. What is a “back of the envelope analysis?” A search engine used for finding properties An analysis you mail to the permitting office Quick analysis of the potential merit of an investment A document giving the right to purchase a property Question Title * 6. Which player in real estate is responsible for the day to day operations (e.g. collecting rent, paying building expenses, leasing) of the building after it has been built? Property Manager Broker Developer Contractor Question Title * 7. Which type of property hosts guest temporarily when they travel? Multifamily (Not Airbnb) Industrial Industrial Hotel Question Title Project Showtime Offering Memorandum Question Title Question Title Question Title Question Title Question Title * 8. At 75% LTV, what would be the property’s loan principal based on the listing price? $692,500 $660,250 $702,000 $671,250 Question Title * 9. Based on the current rent, what is the property’s gross rent? $71,604 $63,892 $59,670 $78,174 Question Title * 10. Based on the current listing price and NOI, what is the property’s cap rate? 4.29% 6.21% 5.40% 4.99% Question Title * 11. Using the income approach, what is the property’s value? $781,837 $847,566 $869,012 $856,147 Question Title * 12. Based on the financing proposal, what is the annual interest payment? $33,563 $27,986 $24,843 $28,193 Question Title * 13. What is the property’s net operating income? $48,396 $39,054 $46,248 $51,976 Question Title * 14. Based on the sales comps, what is the market price per square foot? $203 $197 $184 $194 Question Title * 15. Based on the sales comps, what is the market cap rate? 5.71% 6.29% 5.63% 5.44% Question Title * 16. Which university is nearest to the property? University of California, Los Angeles University of Southern California Loyola Marymount University Los Angeles Community College Question Title * 17. Based on the financing proposal and the current NOI, what is the property’s debt service coverage ratio? 2.27x 1.72x 2.14x 1.94x Question Title * 18. Based on the listing price, what is the property’s price per unit? $160,000 $175,500 $185,000 $179,000 Question Title * 19. Using the sales comp approach, what is the property’s value? $639,400 $721,625 $614,640 $602,790 Done #PDSQUAD
