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What is the value of a property if: Building is 15,000 square feet, monthly rent is $1.25 per square foot, cap rate is 10%, and
What is the value of a property if:
Building is 15,000 square feet, monthly rent is $1.25 per square foot, cap rate is 10%, and expenses are $0.40 per square foot per month.
Please show work in excel. Thank you very much.
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