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Question 29 (3 points) A small commercial property has 10 units, which each rent for $1600 per month. a) If each unit was vacant for

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Question 29 (3 points) A small commercial property has 10 units, which each rent for $1600 per month. a) If each unit was vacant for 10 days, what would be the total vacancy loss? b) What would be the effective gross income for the above property? c) If a property's yearly NOI is $85,000 and the capitalization rate is 8%, what is the market value of the property

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