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A 3 - unit property rents for $ 9 0 0 per month per unit. Vacancy and collection loss is 8 % . Operating expenses

3 -

unit property rents for $

900

per month per unit. Vacancy and collection loss is

8 % .

Operating expenses are

20 % .

The applicable GRM is

60 .

What is the indicated value of this property?$

54, 000

149, 000

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