ILLUSTRATION FOR RCN Correction for RCNLD = 10M X 40.62/25.

03 x
5/30
= 10m x 1.62 x 0.17 = 2,754,000

2,754,000 x 80% assessment level =

2,203,200

ASSESSED VALUE = 2,203,200

REMAINING ECONOMIC LIFE = 30 YEARS

ECONOMIC LIFE - 25 YEARS EFFECTIVE
AGE

REL = 5 YEARS

Correction for RCNLD = 10M X 40.62/25.03 x

5/30
= 10m x 1.62 x 0.17 = 2,754,000

2,754,000 x 80% assessment level =

2,203,200

ASSESSED VALUE = 2,203,200

REMAINING ECONOMIC LIFE = 30 YEARS

ECONOMIC LIFE - 25 YEARS EFFECTIVE
AGE

REL = 5 YEARS

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20X25 X 30K SQM FIRST FLOOR
20 X 25 X 25K SQM 2ND FLOOR

ADD BOTH FLOORS = 27,5M

9k each x 2 = 18k / 10 years += 1.8k

35k / 7 years = 5k
total 6.8k

2
7.2m x 60% = 4,320,000

1+ 0.043 = 1.043

6.5m x 1.043 x 10 = 67,795,000

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4
 RECAPTURE RATE = 100/29 = 3.45%

land residual techniques

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Building residual technique

1M / 10% = 10M

100,000 / 9.28% = 1,077,586.21 ( SAKTO NI

NGA AMOUNT) WRONG ANG EXAMPLE

PROPERTY RESIDUAL
TECHNIQUE

CORRECTION SA MAX INVESTMENT IN

THE BUILDING = 800,000 / 12% = 6,666,666

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LEASEHOLD AND LEASED FEE ESTATE

START OF EACH YEAR KEYWORD =

START COMPUTE AT YEAR 0 = 0 YEAR IS
PV FACTOR 1

END OF EACH YEAR KEYWORD = START

COMPUTE AT YEAR 1

Escalation per year for rent received 5% up

Pv = RENT RECEIVED ( 1 /1.06) for first year to down
then same process for the next year.
For 2 years divide ulit nang 1.06 PRESENT VALUE = F ( 1 + I) raise to the
power of -n

YEAR 7 = 2.5M = 115,762.50 ( 1+6%) raise to the power of -3

yrs
PRESENT VALUE = F ( 1 + I) raise to the
power of -n = 115,762.50 ( 1.06) -3 yrs

= 2.5M ( 1+6%) raise to the power of -7 yrs = 97,196.43

= 2.5m ( 1.06) -7 yrs

= 1,662,642.78
MARKET DATA APPROACH

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 PV = 36K ( 1 + i) raise to the power of n then
- 1 / ( 1 +I) raise to the power n quantity i

Leased fee = rent to received for 25k per year

esclate for 7% per year

At the end of 10 year less theres 3m

Leasehold = 0 value

Difference for 3k per month =3k x 12 months =

36k year

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75 METERS X 2.5 METERS = 150 METERS X
1,5K per sqm. = 281,250

STATISTICS PROBLEM:

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STANDARD DEVIATION

Find the RANGE, AVERAGE DEVIATION

AND STANDARD DEVIATION

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Equity periodic payments

Interest rate given.

Interest payment = previous balance x interest

rate (given sa problem)

Then amortization - interest payment =

principal payment

Next balaance = principal payment - previous

balance

AMORTIZATION SCHEDULE

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25
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(May - august) 3 moths x 6% /12 months

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( 15 x 18k ) + ( 10 x 3,5k ) x 12 mos =
3,660,000

350 rental x 12 months x 125 = 525k

40
5k ( 1+10%) ^4 = 7,320.50

3m x 15% = 450k - 50k RF = 400k

6K x 12 mos = 72k
1250 x 12mos - less ( 15k)
= 57k / 12% = 475k

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