11. If you buy the property at the asking price of $7,000,000, what will your going in Cap Rate be? Write your answer in percent, but do not include the % sign.

12. If the annual irr for this property is 8.5%, then based on the cap rate in question 11, what does this imply is expected NOI growth rate for this property? Write your answer in percent, but do not include the % sign.