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A property has a market value of $776,000 and a capitalization rate (cap rate) of 8.8%. If the Net Operating Income (NOI) received was
A property has a market value of $776,000 and a capitalization rate (cap rate) of 8.8%. If the Net Operating Income (NOI) received was NOIo =$63,000. What is the NOI's growth rate g? Enter your response in percentage points. I.e., for a growth rate of 2.1%, enter "2.1". (Keep one decimal place) 5
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To calculate the NOIs growth rate g you can use the formula g NOInew NOIold NOIold 100 Given th...
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
