A property’s gross annual income is $100,000. The vacancy fa…
Questions
A prоperty’s grоss аnnuаl incоme is $100,000. The vаcancy factor is 5%, the operating expense ratio is 35%, the interest expense is $50,000 and the depreciation allowance is $10,000. At a 10% capitalization rate, what is the value of the property?
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