Suppose both the NOI and property value growth rate are 5 percent instead of 3 percent. How

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Suppose both the NOI and property value growth rate are 5 percent instead of 3 percent. How would this change the marginal rate of return for years 1 to 10? Does the MRR increase or decrease for the first year? Does it decrease at a faster or slower rate over time?a

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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