A property has a market value of $776,000 and a capitalization rate (cap rate) of 8.8%....

 

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A property has a market value of $776,000 and a capitalization rate (cap rate) of 8.8%. If the Net Operating Income (NOI) received was NOIo =$63,000. What is the NOI's growth rate g? Enter your response in percentage points. I.e., for a growth rate of 2.1%, enter "2.1". (Keep one decimal place) 5 A property has a market value of $776,000 and a capitalization rate (cap rate) of 8.8%. If the Net Operating Income (NOI) received was NOIo =$63,000. What is the NOI's growth rate g? Enter your response in percentage points. I.e., for a growth rate of 2.1%, enter "2.1". (Keep one decimal place) 5

Answer rating: 100% (QA)

To calculate the NOIs growth rate g you can use the formula g NOInew NOIold NOIold 100 Given th... View the full answer