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You are interested in buying a rental property but you'd like to know the cap rate for the area. Given the following comparable sales, estimate
You are interested in buying a rental property but you'd like to know the cap rate for the area. Given the following comparable sales, estimate the overall cap rate. Comparable Sale Price NOI Weight A $1,450,000 $130.000 B $1.200.000 $115.400 30% c $1.250.000 $123.400 30% D $1.500.000 $149.000 20% 2014 0.9.70% 9.50% 9.63% 7.39%
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