Question
A property being considered for purchase has an existing net operating income (NOI) of $6,000. This NOI is expected to grow at a 6 %
A property being considered for purchase has an existing net operating income (NOI) of $6,000. This NOI is expected to grow at a 6 % rate. Similar properties have sold at a market capitalization rate of 6%, based on projected NOIs. Using an income approach, which of the following is closest to theproperty's value?
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The New CFO Financial Leadership Manual
Authors: Steven M. Bragg
3rd Edition
0470882565, 978-0470882566
