A property sells for $670,000 with a rent of $52,000. Expenses are $8,570 and mortgage payments are
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A property sells for $670,000 with a rent of $52,000. Expenses are $8,570 and mortgage payments are $12,000 per year. What is the capitalization rate?
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Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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