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The NOI of the property is expected to grow at 5% annually. The owners expect to hold the property for 5 years and then sell.
The NOI of the property is expected to grow at 5% annually. The owners expect to hold the property for 5 years and then sell. Determine the Net Present Value of the project during their ownership period. Assume discount rate is 10%, net income multiplier is 0.10, effective gross income multiplier is 1.11, and operating expense ratio is 20%
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