Belinda and Steve Jones own 3 rental properties - Parakeet Units, 25 Swansneck Crescent, and 6 Bellbird Circuit. In 2009, the total annual income from all units was $32,275. Parakeet Units brought in the most income at $32,275 and also had the largest expenses of $17,562.02. 25 Swansneck Crescent had the highest cash flow of $10,272.50. 25 Swansneck Crescent performed best overall while 6 Bellbird Circuit performed worst based on cash flow. Belinda and Steve should consider raising rent on the Parakeet Units and 6 Bellbird Circuit properties due to their high expense ratios.

1. Belindaand Steve Jones’s Property Portfolio {Assignment of COIS11011}

2. {01} Q:Whythe functions Minimum (MIN), Maximum (MAX) and AVERAGE are appropriate to use for this type of spreadsheet? A:Because there are 3 properties for Belinda and Steve to manage, so if we can show the min max and average value, it will be easyfor them to compare.

3. {02} Q:What was the annual income from all units in 2009? A:The annual income from all units in 2009 is $32,275.00.

4. {03} Q:Which property brought in the most income for the year? A:Parakeet Units brought the most income for the year which is $32,275.00.

5. {04} Q: On average, how much was spent in each expense category this past year? A:

6. {05} Q:Based on data in the Summary worksheet, where did Belinda and Steve incur the largest expense? A:Parakeet Units cost the largest expense which is $17,562.02.

7. {06} Q: Which unit had the highest cash flow for the year? A:25 Swansneck Crescent had the highest cash flow for this year which is $10,272.50.

8. {07} Q:What were the annual expenses by rental unit? A:The rental unit annual expense is $17,562.02.

9. {08} Q: What was the annual income by rental unit? A:The annual income of the rental units is $32,275.00.

10. {09} Q:Which is the best performing and which was the worstperforming property overall? Why? A:25 Swansneck Crescent is the best performing while 6 Bellbird Circuit is the worst performing, because from the case flow, 25 Swansneck Crescent is the most and 6 Bellbird Circuit is the least.

11. {10} Q:Should Belinda and Steve raise the rent on any of the properties? Why or whynot? A:Yes, they should raise the rent for 6 Bellbird Circuit and Parakeet Units. From blow table we can see, that the expense ratio is to high for them. (But, if decrease the rent can attract more people then maybe decrease some rent can decrease the empty rate of the house then increase the income).