Question
A property produces a first year NOI of $100,000 that is expected to grow by 4% per year. If the property is expected to be
A property produces a first year NOI of $100,000 that is expected to grow by 4% per year. If the property is expected to be sold at the end of year 3, what is the expected sales price based on a capitalization rate of 9.5% applied to the 3rd years NOI?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
10th Edition
0201785676, 9780201785678
