Determine the sales price for a property with an expected NOI of ($26),000 and a Capitalization Rate

Question:

Determine the sales price for a property with an expected NOI of \($26\),000 and a Capitalization Rate of 9%.

a \($288\),880 

b \($276\),888

c \($288\),888 

d \($288\),276

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: