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Which is the least important in appraising property using the cost approach? Question 14 options: a) estimated rental income b) square footage cost c) depreciation
Which is the least important in appraising property using the cost approach? Question 14 options: a) estimated rental income b) square footage cost c) depreciation allowance d) land valueAssuming the total value of the property to be $190,000 and the total net income to be $13,680, the capitalization rate would be Question 15 options: a) 7.2% b) 7% c) 6.5% d) 7.5%
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