Question
our client is looking to invest in a rental property. They are looking at a four-plex apartment that will produce net operating income of $12,500
our client is looking to invest in a rental property. They are looking at a four-plex apartment that will produce net operating income of $12,500 in the coming year; the NOI is expected to grow at a rate of 2% per year after that. What is the maximum amount (rounded to the nearest dollar) your client should pay for the complex if they require at least a 9.2% return on their money? IGNORE THIS QUESTION - WE DID NOT COVER THIS MATERIAL.
| a. | $208,333 | |
| b. | $173,611 | |
| c. | $115,000 | |
| d. | $135,870 |
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Investing In Fixed Income Securities Understanding The Bond Market
Authors: Gary Strumeyer
1st Edition
0471465127, 9780471465126
