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A property is sold for $ 2 0 3 , 5 7 1 . Typical financing terms are an 8 7 percent loan with a

A property is sold for $

203, 571 .

Typical financing terms are an

87

percent loan with a

7

percent interest rate compounded monthly over

26

years. If the before

-

tax cash flow is $

2, 642,

what is the overall capitalization rate?

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