Klark Cent has a subject property in mind with an effective gross income of $51,186...
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Accounting
Klark Cent has a subject property in mind with an effective gross income of $51,186 and a NOI of $27,238. Assuming a comparable property has a price of $297,735, effective gross income of $48,493, and an NOI of $24,797, what value would a capitalization rate approach yield as the sales price?
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