You have identified a rental property that you would like to purchase. If your cap rate is

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You have identified a rental property that you would like to purchase. If your cap rate is 12 percent and you estimate the property’s NOI to be $190,000, what is the maximum price you would pay?

a. $22,800

b. $190,000

c. $1.58 million

d. $15.8 million.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jan 01, 2024 01:51 PM

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You have identified a rental property that you would like to purchase. If your cap rate is

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Fundamentals Of Investments Valuation And Management

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