Question
. A property produces a net operating income of $20,000 in year 1, $30,000 in year 2, and $45,000 in years 3 to 6. The
. A property produces a net operating income of $20,000 in year 1, $30,000 in year 2, and $45,000 in years 3 to 6. The resale price is estimated using a terminal capitalization rate of 7% applied to the sixth year NOI. What is the value of the property using a 10% discount rate? A. $502,634 B. $424,337 C. $468,892 D. $534,625
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
