Question
Find the expected return for investing in buildings in a metro area where the following three buildings are for sale: The cost of the building
The cost of the building is $4 million, the total rents are $500,000 and the total expenses are $300,000.
The cost of the building is $90 million, the total rents are $35 million and the total expenses are $24 million.
The cost of the building is $21 million, the total rents are $6 million and the total expenses are $3 million.
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
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