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1) If the Cap Rate is .075 and the Cash Flow is $12,000, then: 2) If the price of a commercial building was $240,000 and
1) If the Cap Rate is .075 and the Cash Flow is $12,000, then:
2) If the price of a commercial building was $240,000 and the land is valued at $61,250, what is the annual depreciation of the rental property?
a) Value cannot be determined
b) Value is estimated at $160,000
c) Value is estimated at $200,000
d) Value is estimated at 900,000
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