Question
An investment property has an expected annual net operating income of $18084. The required rate of return is 10.3%. Comparable properties are rising in value
An investment property has an expected annual net operating income of $18084. The required rate of return is 10.3%. Comparable properties are rising in value by 5.5% p.a. What is the market value of the property based on the income approach?
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
