Apartment said recently (AED) Problem solving Cancer the information in the table below and answer the question Apartment under consideration (AED) Gross potential annual rental income 220.000 Estimated vacancy and collection losses insurance 8.000 6.000 22.000 Unes Repairs and Maintenance Ner Operating Income Property value 50.000 ? 450,000 Question: 1- Find the value of the property under consideration using the income capitalization approach 2- What is the value of the property under consideration using the market approach? Formula NOI Caprate= Property price