$41$

A small office building is in the flight pattern of a busy airport. Noise and vibration from flyovers are very noticeable. Net operating income is $$90$ less per month than competitive space without the flyovers. Operating expenses are $25\%$ of effective gross income. The appropriate overall capitalization rate is $10\%,$ the discount rate is $12\%,$ and the total effective rent for the subject office space is $$700$ monthly. What is the external obsolescence?

$02$:$08$:$32$

Multiple Choice

$$8,100$

$$10,800$

$$21,000$

Insufficeint information to solve the problem