In a "cash-out refi" (the refinancing considered in the lesson) exit strategy, are any of the new mortgage proceeds taxable? Of the exit strategies, refinancing typically has the amount of fees/taxes. Ono, lowest Ono, highest yes, lowest O yes, highest Question 32 2.5 pts What is the cap rate and growth rate implied from the below information? Total return (IRR): 9% Projected Year 1 NOI: $30,000 Purchase price (today): $400,000 O cap rate - 75% growth rate -60% caprate - 1.5%, growth rate 7.5% caprate - 9%, growth rate = 10.5% Not enough information to compute caprate - 7.5% growth rate - 1.5%