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What is the value of a property if the cap rate is 5%, the monthly PGI is $100,000, the monthly EGI is $80,000 and the

What is the value of a property if the cap rate is 5%, the monthly PGI is $100,000, the monthly EGI is $80,000 and the monthly NOI is $60,000?

24,000,000

2,000,000

14,400,000

1,200,000

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