You built a 20-unit apartment project at a total cost of $4,000,000. Your stabilized NOI is $300,000. You are under contract to sell the property at a 6.0% cap rate. Answer the following questions in the text boxes provided: 1. What is your "going-in" cap rate? (Round to one decimal place and follow by a percentage sign x.x%) 2. What is your Total Profit on this project? 3. What is your Gross Development Profit Margin? (Round to one decimal place and follow by a % sign.)