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ution Completion Status Apartment under consideration Similar apartment sold recently (AED) (AED) 1.350 sf 1.200 sf Square feet 120.000 Gross potential annual rental income Estimated
ution Completion Status Apartment under consideration Similar apartment sold recently (AED) (AED) 1.350 sf 1.200 sf Square feet 120.000 Gross potential annual rental income Estimated vacancy and collection 5%6 losses 8,000 Insurance 6,000 Utilities 22.000 Repairs and Maintenance 87.000 Net Operating Income Property Price ? 1,740,000 Questions: 1- Find the value of the property under consideration using the income capitalization approach. 2- What is the value of the property unu consideration using the market approach? feel acer Wacom
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