Question
11. A property that produces a net operating income of $20,000 per year was purchased for $190,000. The property is expected to be sold
11. A property that produces a net operating income of $20,000 per year was purchased for $190,000. The property is expected to be sold at the end of 4 years for $200,000. What yield rate will the owner receive?
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
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