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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Posted Date: Apr 27, 2023 06:49 AM

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A property sells for $670,000 with a rent of $52,000. Expenses are $8,570 and mortgage payments are

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The formula for capitalization rate is Capitalization rate Net operating incom... View the full answer

Accounting Business Reporting For Decision Making

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