The minimum GPA accepted for transfer to the CSU is 2.0 for California residents, 2.4 for non-residents. The CSU has designated some highly popular majors or campuses as impacted or high demand, for which higher GPAs and/or minimum course completion are required.
Once you have your Number of Unit-Months and your Number of Vacant Units, calculating vacancy rate is simple. The formula is Number of Vacant Units / Number of Unit-Months = Vacancy Rate. Using our sample data, 35 / 240 = .1458 or a 14.58% vacancy rate.
Estimating vacancy and collection losses at 5 percent of potential gross income, reconstruct the operating statement to obtain an estimate of NOI. Assume an above-line treatment of CAPX. 6.You have been asked to estimate the market value of an apartment complex that is producing annual net operating income of $44,500.