If the market cap rate for a hotel is 10% and the sale price of the hotel

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If the market cap rate for a hotel is 10% and the sale price of the hotel is $600,000, what was its trailing twelve months’ cash flow? What would the cash flow have been if the market cap rate were 20%?

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Hospitality Financial Management

ISBN: 9780471692164

1st Edition

Authors: Agnes L DeFranco, Thomas W Lattin

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