Please calculate the Value of Falling Creek Apartments as of August 2018 utilizing the direct capitalization method of the income approach. It is super important that you first formulate a Pro Forma Income and Expense Statement. The Rental income utilized in the Pro Forma must be supported by historical collections and a detailed market rental analysis. In addition, the Pro Forma Expenses must be supported by historical property expenses and a detailed comparable expense analysis.

You could revised base on my draft.