II. Appreciation Of Value Of Land. Part 5
Description
This section is from the book "Building For Profit", by Reginald Pelham Bolton. Also available from Amazon: Building for Profit.
II. Appreciation Of Value Of Land. Part 5
The following illustration, based on a scale of 100 parts, brings out this consideration.
Example | Lot | B'l'd-ing | Cost | Occupied area | Net area | Rent front | Rent rear | Average rent | Total income | Exp. | Return | Interest on cost |
A | 100 | 80 | 800 | 80% | 64 | 1.25 | 0.75 | 1.00 | 64 | 50% | 32 | 4% |
B | 100 | 60 | 600 | 80% | 48 | 1.25 | 1.25 | 1.25 | 60 | 50% | 3° | 5% |
"There is a special value to be attached in certain cases, for mere advertising purposes, to those spaces in a building which front on a street"
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