Question
You would like to sell your investment property. It currently has an annual net operating income of $42,674 with a free cash flow of $2,742.
You would like to sell your investment property. It currently has an annual net operating income of $42,674 with a free cash flow of $2,742. You estimate that properties have appreciated at 3.46% over the last year. Your real estate agent has informed you that similar properties have sold for a cap rate of 9.49%. What is your estimated current value of the property?
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Marketing An Introduction
Authors: Philip Kotler, Valerie Trifts, Lilly Gary Armstrong
5th Canadian edition
133581586, 978-0133373141, 133373142, 978-0133508796, 013350879X, 978-0133581584
