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You are given the following information on an investment property. Units Rent per Unit Vacancy Allowance Expenses Cap Rate 33 $1,284 5% 20.9% of

You are given the following information on an investment property. Units Rent per Unit Vacancy Allowance Expenses Cap Rate 33 $1,284 5% 20.9% of net rental income 7.56% Using the NOI and the cap rate, what is your estimated value of this property?

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