Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If its rent is $1,230, what is the estimated value for the subject property using income capitalization approach given following information? For sale #1, selling

If its rent is $1,230, what is the estimated value for the subject property using income capitalization approach given following information? For sale #1, selling price is $138,000, monthly rent is $1,250; For sale #2, selling price is $124,000, monthly rent is $1,100;For sale #3, selling price is $129,500, monthly rent is $1,200; For sale #4, selling price is $137,000, monthly rent is $1,225; For sale #5, selling price is $128,000, monthly rent is $1,175;

$126,543

$135,746

$133,250

$135,691

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Financial Management

Authors: James C. Van Horne

10th Edition

0138596875, 9780138596873

More Books

Students also viewed these Finance questions

Question

Describe how projects are selected in organizations.

Answered: 1 week ago

Question

What obstacles interfere with eff ective listening?

Answered: 1 week ago