Question 5 of 34 10 points Save An Assume you were developing 200 unit apartment project with expected NOI of $3,000,000 and the following cost estimates: Land $1,900,000; Hard costs: $88,000/unit Soft costs: $10,000/unit Lease-up and interest carry costs: $6,000/unit. Given this cost structure and the NOI, what would be your estimated return on investment (NOVInvestment)? Ch16 6.4896 a. 12.11% . 9.58% 13.22% d