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Assume that market rents are $25 per square foot, vacancy and collection loss is 5 percent, and operating expenses are $6.75 per square foot. If
Assume that market rents are $25 per square foot, vacancy and collection loss is 5 percent, and operating expenses are $6.75 per square foot. If the total project costs are $140 per square foot and the investor requires a return of 10 percent, is this project financially feasible? Show your work
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