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Consider an income property that is under evaluation for purchase with a $ 4 6 8 , 3 1 7 loan, 5 . 1 %
Consider an income property that is under evaluation for purchase with a $ loan, interest rate, compounded annually, amortized over years. The NOI at the end of year is $ year is $ and year is At the end of year the property is estimated to sell for $ Discount the equity cash flows over the year holding period at percent. Using the principles of mortgage equity capitalization, what is the estimated total property value with a holding period of years?
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