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You are assisting Jade, your buyer client, with the analysis of the Income of a retail building. It is a single-storey building with two
You are assisting Jade, your buyer client, with the analysis of the Income of a retail building. It is a single-storey building with two tenants, and the list price is $1,999,000. The potential annual rental income is $225,000. An additional income of $8,000 is earned by renting the rooftop to a signage company. According to Jade's initial calculations, the property's capitalization rate is significantly higher than the market rate. Jade suspects that something must be wrong and asks you to review the calculations with her. While reviewing Jade's calculations along with the information that she used for reference, you discover that she is missing a critical piece of information. What information is Jade missing in her analysis? 1 lad
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