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A young engineer is considering to built a 25unit apartment near a commercial center. Because of the location, the investment can guarantee a 90% occupancy rate. So then, the project can have an earnings of 20% annually. Other data are the following: Land ₱10M Building cost 14M Projected Useful life 20 years Cost of land after 20 years 38M Cost of Building after 20 years 3.8M Rent/unit/month 13,000.00 Maintenance/unit/year 2,200.00 Property Taxes 2% Building Insurance 0.7% Is this a good investment? Apply the methods of economic studies.

A young engineer is considering to built a 25unit apartment near a commercial center. Because of the location, the investment can guarantee a 90% occupancy rate. So then, the project can have an earnings of 20% annually. Other data are the following: Land ₱10M Building cost 14M Projected Useful life 20 years Cost of land after 20 years 38M Cost of Building after 20 years 3.8M Rent/unit/month 13,000.00 Maintenance/unit/year 2,200.00 Property Taxes 2% Building Insurance 0.7% Is this a good investment? Apply the methods of economic studies.

Introductory Circuit Analysis (13th Edition)
Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
Chapter1: Introduction
Section: Chapter Questions
Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...
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      A young engineer is considering to built a 25unit apartment near a commercial center. Because of the location, the investment can guarantee a 90% occupancy rate. So then, the project can have an earnings of 20% annually. Other data are the following: Land ₱10M Building cost    14M Projected Useful life    20 years Cost of land after 20 years    38M Cost of Building after 20 years    3.8M Rent/unit/month    13,000.00 Maintenance/unit/year      2,200.00 Property Taxes      2% Building Insurance     0.7%   Is this a good investment? Apply the methods of economic studies.  
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