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Question 3 (1 point) Assume a 4-year holding period - The going in (purchase) cap rate is 5.00% and the going out (sale) cap rate
Question 3 (1 point) Assume a 4-year holding period - The going in (purchase) cap rate is 5.00% and the going out (sale) cap rate is 4.00% Yr O is today. Yr 1 is the next 12 months. Etc... Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 NOI 55,000 56,000 57,000 58,000 59,000 What is the selling price for the property? $1,450,000 $1,475,000
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