The cap rate abstracted from the market is 0.066. The subject's estimated net operating income is $60,000.

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What is the value of the property by direct capitalization? (Round answer to nearest dollar amount.)

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Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

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Posted Date: Mar 23, 2024 01:32 AM

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The cap rate abstracted from the market is 0.066. The subject's estimated net operating income is $60,000.

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Direct capitalization is a valuation method that assumes the propertys value is dir... View the full answer

Cost Management A Strategic Emphasis

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