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The answer is C, but how would you do this in excel? 4) Given a 5,000 square foot property that pays $25 per square foot

image text in transcribedThe answer is C, but how would you do this in excel?

4) Given a 5,000 square foot property that pays $25 per square foot in rent with a 5%V&C loss and $40,000 in operating expenses, what is the EGIM assuming a 6% cap rate? a. 6.00 b. 10.5 c. 11.05 d. 16.67

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