What is the capitalisation rate on net operating income for a residential investment property which...
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What is the capitalisation rate on net operating income for a residential investment property which sold for $900,000 (use the criteria provided to calculate your answer): the property receives a gross rental of $1,250 per week, allow for 5% vacancy and allow for OPEX of $10,000 per annum. The property has 5 on site car parks included in the gross rental which have a market rent of $5.10 per car park per week
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