Question
You own a small investment property and are considering selling it, so you need to estimate its value. Your property has NOI of $86,000. After
You own a small investment property and are considering selling it, so you need to estimate its value. Your property has NOI of $86,000. After surveying recent comparable sales, you have determined that the cap rate is 4.5%. Given these assumptions, what is the indicated market value of your property?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
