Use both the (1) Income Approach and (2) Cost Approach to ascertain a value for your subject property. With these approaches, use the data from Tasks 1 and 2. In your post, show the formulas, data plugged into the formulas and final solutions for both approaches

TASK 1

Subject property: Camden Pecos Ranch

Address: 1175 W Pecos Rd, Chandler AZ, 85224

APN: 303-26-003H

Characteristics:

1. Year built- 2000

2- Bed/ Bath 2/2, 1/1, 2/1, Studio

3-swimming pool: yes

4; A/C: yes

5: Technology package

TASK 2

Comparable Properties:

1. Stone Bridge Ranch

Address: 575 W Pecos rd, Chandler AZ, 85224

APN303-27-412 Year Built: 2004 Bed/ Bath 2/2, 1/1, 2/1, Studio

Swimming Pool: Yes A/C: Yes Technology Package: Yes

2. Lazo Apartments

Address:875 W Pecos Rd, Chandler AZ, 85224

APN303-27-243 Year Built: 2020 Bed/ Bath 2/2, 1/1, 2/1, Studio

Swimming Pool: Yes A/C: Yes Technology Package: Yes

3. Monument apartments

Address: 2300 W Pecos Rd, Chandler AZ, 85224

Year Built: 2021

APN303-63-419 Bed/ Bath 2/2, 1/1, 2/1, Studio

Swimming Pool: Yes A/C: Yes Technology Package: Yes