Comp 1 Comp 2 Comp 3 Price $300,000 $350,000 $375,000 Effective gross income 50,000 55,000...
50.1K
Verified Solution
Link Copied!
Question
Finance
Comp 1 Comp 2 Comp 3 Price $300,000 $350,000 $375,000 Effective gross income 50,000 55,000 60,000 % operating expense 50% 55% 54% NOI 25,000 24,750 27,600 Consider the table above. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500 What value would a cap rate approach yeild (rounded to the nearest $100)
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.