Class Project 1 Demo -- September 2010

首先告诉学生，Unit 9不交房租是正常现象，不需要在可行性研究上特殊处理。vacancy rate会处理各种不交，租不出去，维修空关。

		Class Project 1 Demo -- September 2010
Cash Flow
	Rent Income		2625
less	Vacancy	8%	-210
Before Management Fee			2415
less	Management Fee		-193.2
less	property tax		-131
less	Insurance		-215
less	utilities		-911
less	Repairs	90	-720
less	Lawn/Snow		-100
Before Interest			144.8
Payment of Assumed Loan			($2,169.10)	=pmt(0.085/12, 12.5*12, 200000)
Payment of Wrap-around Loan			($530.94)	=pmt(0.065/12, 360, 84000)
Before income tax			-2555.2378