Question
select all true Two comps. One comp is 3 times as important as the other comp in determining subject property's value. And so, when calculating
select all true
Two comps. One comp is 3 times as important as the other comp in determining subject property's value. And so, when calculating their average cap rate, their respective weights should be 0.67 and 0.33.
Two comps. Operating & other expenses as percentage of gross income are 75% for both comps. This means that between the GIM technique and the cap rate technique, you get an accurate subject property value if you use the GIM technique.
In the times of a real estate bubble when building prices are declining, the cap rates are rising.
Loan amount is nothing but the sum of all future debt services & the loan balance.
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