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Given the following information, calculate the capitalization rate for the following apartment complex: number of apartments:30; market rent (per month): $1,250; vacancy and collection loss:
Given the following information, calculate the capitalization rate for the following apartment complex: number of apartments:30;
market rent (per month): $1,250;
vacancy and collection loss: 5% of potential gross income;
operating expenses: 20% of effective gross income;
capital expenditures: 5% of effective gross income;
acquisition price: $5,550,000
Can you teach me how to do this on excel?
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