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Part 1: If the capitalization rate is 11% and a propertys NOI is $64,000, what is the value of the property using capitalization? Group of
Part 1: If the capitalization rate is 11% and a propertys NOI is $64,000, what is the value of the property using capitalization?
Group of answer choices
$58,181.18
$580,818.18
$581,818.18
$640,000.00
Part 2:
If the capitalization rate is 10.25% and the property value is $1,125,000, what was the NOI?
Group of answer choices
$58,181.18
$580,818.18
$581,818.18
$640,000.00
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