You own a small investment property and are considering selling it, so you need to estimate its value. You purchased it 5 years ago for $775,000. Your property has a current NOI of $56,000. After surveying recent comparable sales, you have determined that the market cap rate is 5.00%. Given these assumptions, what is the indicated market value of your property? Please upload your work below. Show and explain how you calculated value. You can round to the nearest dollar, but please don't round up/down to the nearest $1,000. Your Answer: Answer Add attachments to support your work