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All is considering buying a commercial building in Chicago. He has learned the following facts from his real estate broker: Market Cap Rate 18.0096 Rental

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All is considering buying a commercial building in Chicago. He has learned the following facts from his real estate broker: Market Cap Rate 18.0096 Rental income |$2.500.000 Operating Expenses $900.000 Existing Annual Mortgage Payment 5975,000(5225,000 is principal and $750,000 is interest) Current rate for a 15 year mortgage 596 Based on the facts above, what is the Market Price for this building? O A Cannot determine with the facts that are given 8.531.250 OC. 520.000.000 O D.57,812.500 Which of the following are ways to increase Net Worth? O A. Reduce spending B. Increase your 401(k) account C. Increase Saving OD. Increase balances on credit cards D E. Pay off your credit card balance

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