Use the following information for the next two (2) questions. (Note: This information will be repeat with the next question.) Net Operating Income (NOI) Effective Gross Selling Price Income (EGI) Property 1: $ 82,000 $122,000 $1,250,600 Property 2: $ 75,000 $111,500 $ 1,143,300 Property 3: $ 94,000 $ 140,000 $ 1,433,600 Subject: $ 60,000 $ 108,000 S 25. What is the capitalization rate for the comps expressed as a percentage (%)? (Just enter the numbers- not the %-sign.) (Hint: All three comps have the same cap rate out to two-decimal places when expressed as a percentage)