PD's Next Top Financial Model Get ready! You'll need a financial model and calculator for this one. A financial model template can be found in the files section of the Project Destined E-Learning Platform. The player with the highest score in the fastest time wins $250! The competition ends today at 5pm ET.LET'S GOOOO!!!! Question Title * 1. Full First and Last Name: Question Title * 2. What is your Project Destined city or partner organization? Los Angeles New York London Detroit Atlanta MLT Question Title * 3. Scholarship Payment Info: Cash App: Venmo: PayPal: Question Title Project Jackson Offering Memorandum Question Title Question Title Question Title Question Title * 4. In Year 1, what is the Annual Gross Rental Revenue? $138,000 $11,500 $133,860 $142,000 Question Title * 5. What is the annual Utilities expense per unit? $4,322 $1,051 $957 $864 Question Title * 6. What is the Year 3 Net Operating Income (NOI)? (Assume 3% vacancy rate, 3% rent growth, and 2.5% expense growth each year) $105,921 $103,239 $119,324 $112,603 Question Title * 7. Based on the model assumptions, what is the Implied Cap Rate? 9.21% 5.27% 6.17% 5.88% Question Title * 8. Which of the following would increase the Year 1 net operating income? Increased debt Decreased purchase price Decreased expenses Decreased rents Question Title * 9. What is the color of model inputs? Red Blue Black White Question Title * 10. What are historicals? Prediction on an asset's future performance An asset's ownership history Data on the past performance of an asset History textbooks Question Title * 11. At a 7% Vacancy Rate, what is Vacancy Loss in Year 4? (Assume 3% rent growth and 2.5% expense growth each year) $10,556 $10,093 $11,411 $9,010 Question Title * 12. What is the Year 5 Gross Rental Revenue? (Assume 3% vacancy rate, 3% rent growth, and 2.5% expense growth each year) $146,404 $138,000 $146,272 $155,320 Question Title * 13. If the management fee increased to 6%, what would be the Year 2 Net Operating Income? (Assume 3% vacancy rate, 3% rent growth, and 2.5% expense growth each year) $109,211 $106,454 $103,668 $105,921 Done! #PROJECTJACKSON