$4)$ Wilson Properties owns an apartment complex with the following data; $60$ units rented at $$2,000$

per month, vacancy of $5\%$ of the gross potential rent, other income of $$75,000,$ operating expenses

of $$650,000.$ If the property is being sold for $$9,750,000,$ what is the capitalization rate?

A$)6\mathrm{.}0\%.$

B$)6\mathrm{.}84\%.$

C$)7\mathrm{.}48\%.$

D$)8\mathrm{.}13\%$