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Consider the following scenarios: If the NOI for a particular property was $72,000 and you were willing to pay $800,000 for that property, what cap
Consider the following scenarios:
- If the NOI for a particular property was $72,000 and you were willing to pay $800,000 for that property, what cap rate would you be seeking (round to nearest tenth of a percent)?
- If you were willing to pay $1,440,000, what would your cap rate be (round to nearest tenth of a percent)?
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