Question
An appraiser estimates that a property will produce an NOI of $50,000. The going-in discount rate is 10 percent, and the expected growth rate is
An appraiser estimates that a property will produce an NOI of $50,000. The going-in discount rate is 10 percent, and the expected growth rate is 5.0 percent. What is the total property value?
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
