HUD-92274 Operating Expense Analysis

Multifamily Project Applications and Construction Prior to Initial Endorsement

92274

Multifamily Project Applications and Construction Prior to Initial Endorsement

OMB: 2502-0029

Document [pdf]
Download: pdf | pdf
OMB Approval No. 2502-0029
(exp. xx/xx/xxxx)

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

Operating Expense Analysis
Worksheet

See Instructions on back and Refer to Handbook
4480.1 for details on completing this form.
Public reporting burden for this collection of information is estimated to average 18 hours per response, including the time for reviewing instructions, searching
existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not conduct
or sponsor, and a person is not required to respond to, a collection of information unless that collecton displays a valid OMB control number.
This information is being collected under Public Law 101-625 which requires the Department of to implement a system for mortgag e insurance for mortgages
insured under Sections 207,221,223,232, or 241 of the National Housing Act. The information will be used by HUD to approve rents, property appraisals, and
mortgage amounts, and to execute a firm commitment. Confidentiality to respondents is ensured if it would result in competitive harm in accord with the
Freedom of Information Act (FOIA) provisions or if it could impact on the ability of the Department’s mission to provide housing units under the various Sections
of the Housing legislation.
Project Name

Project Number

City

Date of Appraisal (mm/dd/yyyy)

Signature of Processor

Signature of Reviewer

Date (mm/dd/yyyy)

Project Name
Project Number
Location
Type of Projects &
No. of Stories
Type of Construction
No.of Living Units
Age of Project
Project Unit
Composition

BRM

(

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

)(

BRM

) (

BRM

) (

BRM

)(

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

BRM

) (

)

No. of Each Type Unit
Sq. Ft. Each Type Unit
Average Unit Area
Same Tax Rate as
Subject *
Same Utility Rate*
Effective Date/Updating
Operating Yr./Percentage
Equip. & Services
Incl. Rent**
Equipment Included in Rent
1
4
7

Ranges & Refrig.
Dishwasher
Microwave

Items of Expense by
Unit of Comparison***

2
5
8

%

Carpet & Drapes
Laundry Fac.
Pool/Tennis

Exp.

Adj.
+
–

3
6
9

Ind.
Exp.

%

%

%

Services Included in Rent

Disposal
Air Cond.
Other

Exp. Up-

%

%

Gas
Elec.
Other Fuel

9
13
18

Adj. Ind. Exp.
– Exp.

dated +
Exp.

Heat
10
Heat
14
Heat
19
UpAdj.
dated +
–
Exp.

Cooking
Cooking
Hot Water

Ind. Exp.
Exp.

11
15
20

Hot Water
12 A/C
Hot Water
16 A/C
Water
21 Other
UpAdj. Ind.
dated +
– Exp.
Exp.

17

Lights

Correlated
Expense

1. Advertising
2. Management
3. Other
4. Total Admin.
5. Elevator
6. Fuel
7. Lighting &
Misc. Power
8. Water
9. Gas
10. Garbage & Trash
Removal
11. Payroll
12. Other
13. Total Operating
Previous editions are obsolete

form HUD-92274 (05/2003)

Items of Expense by
Unit of Comparison***

Exp.

Adj.
+
–

Ind.
Exp.

Exp. Up-

Adj. Ind. Exp. UpAdj. Ind. Exp. UpAdj. Ind.
dated
dated
– Exp.
– Exp.
– Exp.
Exp. +
Exp. +

dated +
Exp.

Correlated
Expense

14. Decorating
15. Repairs
16. Exterminating
17. Insurance
18. Ground Expenses
19. Other
20. Total Maint.
20a. Total Operating Expense Exclusive of Reserve Time and Trend (Sum of Lines 4, 13 and 20)
20b. Trend Adjustment (____________________% x 20a)

To (date)(mm/dd/yyyy) ________________ Annual Rate _________%

21. Replacement Reserve (Per Applicable Formula from Forms HUD-92264 or HUD-92264B)
22. Total Operating Expenses Including Reserve Time and Trend (Sum of Lines 20a, 20b and 21)
23. Taxes/Real Estate
24. Personal Prop. Tax
25. Emp. Payroll Tax
26. Other
27. Other
27a. Total Taxes w/o
Trend
27b. Trend Adjustment (_______________% x 27a)

To (date)(mm/dd/yyyy) __________________ Annual Rate ____________%

28. Total Taxes (Including Time and Trend) (Sum of Lines 27a and 27b)
29. Total Expense (Sum of Lines 22 and 28)
*If ''NO,'' reflect in adjustments.
**Enter appropriate numbers from table for subject and comparables and reflect in adjustments.
***Enter expense items in suitable unit of comparison.
(Attach additional pages to Explain Adjustments as Needed)

Previous editions are obsolete

form HUD-92274 (05/2003)


File Typeapplication/pdf
File Title92274
Subject92274
AuthorELK
File Modified2009-07-30
File Created2003-05-15

© 2024 OMB.report | Privacy Policy