FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the context of property acquisition and cap rate, what does the jargon to buy at 9 mean? You will buy 9 buildings Your

image text in transcribed
In the context of property acquisition and cap rate, what does the jargon "to buy at 9 " mean? You will buy 9 buildings Your stabilized NOI divided by your purchase price will equal to 9 Your going in cap rate will equal the reciprocal of the build to number, or 11% nane of the above is correct

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

Ecological Money And Finance

Ecological Money And Finance

Authors: Thomas Lagoarde-Segot

1st Edition

3031142314, 978-3031142314

More Books

Students also viewed these Finance questions

Question

★★★★★
Balances on the main inventory accounts are as follows: - Sales revenue .................................... 18,000 - Purchases..........................................12,000 - Opening...

Answered: 1 week ago

Question

★★★★★
Sustained increases in real GDP per capita did not happen until the past two centuries, when England and then other countries began to experience modern economic growth, which is characterized by...

Answered: 1 week ago

Question

★★★★★
You purchased a five-pack of new light bulbs that were recalled because 6% of the lights did not work. What is the probability that at least one of your lights is defective?

Answered: 1 week ago

Question

★★★★★
Explain the relationship between the audit of owners' equity and the calculations of earnings per share. What are the main auditing considerations in verifying the earnings per share figure?

Answered: 1 week ago

Question

★★★★★
In the context of property acquisition and cap rate, what does the jargon "to buy at 9 " mean? You will buy 9 buildings Your stabilized NOI divided by your purchase price will equal to 9 Your going...

Answered: 1 week ago

Question

★★★★★
The next dividend payment by HG Enterprises will be $1.86 per share. The dividends are anticipated to maintain a 3.0 percent growth rate forever. The stock currently sells for $57.1 per share. What...

Answered: 1 week ago

Question

★★★★★
Question: What will happen if a class in Java implements two interfaces with identical method signatures? A) Java will throw a compilation error due to ambiguity in method resolution. B) Java will...

Answered: 1 week ago

Question

★★★★★
Question: What happens when a class in Java implements an interface but does not provide an implementation for all of its methods? A) The program will compile successfully but throw a runtime...

Answered: 1 week ago

Question

★★★★★
PDE Essentials of MIS 13th Edition - P X + X C File | C:/Users/mande/Downloads/Essentials%20of%20MIS%2013th%20Edition%20-%20PDF%20ebook%201.pdf . . 301 of 548 Q + Three Internet titans-Google, Apple,...

Answered: 1 week ago

Question

★★★★★
8.1 Riphean plc and Silurian plc are two businesses operating in different industries. They are both financed by a mixture of ordinary share and loan capital and both are seeking to derive the cost...

Answered: 1 week ago

Question

★★★★★
social control based on persuasion and appeal to sense of guilt in transgressing social norms.

Answered: 1 week ago

Question

★★★★★
politeness and modesty, as well as indirectness;

Answered: 1 week ago

Question

★★★★★
making the best of things and playing the game right, not necessarily to win, but to see fair play;

Answered: 1 week ago

Previous Question Next Question