A farm sold for $450,000. At the time of sale it was rented for $42,500 per year. The tenant pays for utilities and repairs totaling $7,500 per year. The owner pays real estate taxes of $9,000, $3,600 in reserves for replacement and insurance of $250 per month, what is the indicated capitalization rate? 6.58% 5.98% 4.31% 4.92%