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A property is available for sale. It generates a $20,000 NOI, and faces debt service of $15,000 per year. Assume a 25% down payment of
A property is available for sale. It generates a $20,000 NOI, and faces debt service of $15,000 per year. Assume a 25% down payment of $50,000. What is this propertys cap rate
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
