The sequence of adjustments to the transaction price of a comparable property would make no...

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The sequence of adjustments to the transaction price of a comparable property would make no difference if all adjustments were dollar adjustments. However, if percentage adjustments are involved then the sequence does matter. In making adjustments to a comparable property to arrive at a final adjusted sales price, the proper sequence for the following adjustments would be: market conditions, location, financing terms location, market conditions, financing terms location, financing terms, market conditions financing terms, market conditions, location Given the following information, calculate the overall capitalization rate. Sale price: $950,000 Potential Gross Income: $250,000 Vacancy and Collection Losses: $50,000 Operating Expenses: $50,000: 36.8% 21.1% 15.8% 26.3%

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