1. Below is a summary of projected financial information of your plan. Calculate the value of the property based on the information provided below.

   Name	Nuhaw Wahl Project
   Address	321 Station Street, Canterbury, NSW
   Net operating income	$953,000
   Operating expenses (per year)	$500,000
   Company tax rate	30%
   Australia 10-Year Bond Yield	1.147%
   Cash Rate in Australia	0.10%
   Market capitalization rate	4.5%