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Given the following information, calculate the overall capitalization rate: sale price: $1,350,000; potential gross income: $250,000; vacancy and collection losses: $32,000; miscellaneous income: $20,000; and

Given the following information, calculate the overall capitalization rate: sale price: $1,350,000; potential gross income: $250,000; vacancy and collection losses: $32,000; miscellaneous income: $20,000; and operating expenses: $150,000.

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