Determine the sales price for a property with an expected NOI of $26,000 and a cap rate
Question:
Determine the sales price for a property with an expected NOI of $26,000 and a cap rate of 9.00%.
a) $288,880
b) $276,888
c) $288,889
d) $288,276
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Related Book For
Foundations Of Real Estate Financial Modelling
ISBN: 9781032454597
3rd Edition
Authors: Roger Staiger
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