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Land value for the subject property is $60,000. The land capitalization rate is 8% and the overall capitalization rate is 9%. If net operating income

  1. Land value for the subject property is $60,000. The land capitalization rate is 8% and the overall capitalization rate is 9%. If net operating income is $25,000, what is the capitalization rate for the building?
  2. If the estimated market rent for the subject property is $1,280 and the gross monthly rent multiplier is 115 what is the indicated value of the property?

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