Question 6 10 pts The following questions are based on a series of the following...
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Question 6 10 pts The following questions are based on a series of the following cash flows. The buyer anticipates buying the property for $1,000,000 Year 0 1 2 3 4 5 NOI 80,000 83,000 87,000 91,000 96,000 Sale and Purchase of Property (1,000,000) 6. What is the going in cap rate? Please answer with two decimal places with positive values only. Enter the percentage as you would with the % symbol, such as 17.50 for 17.50%
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