A rental property is for sale for $2,000,000. Currently the building generate $30,000 rent revenue per month

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A rental property is for sale for $2,000,000. Currently the building generate $30,000 rent revenue per month and its operating cost is $1,000 per month. calculate What is the Cap Rate for this property.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Mar 27, 2023 05:32 AM

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A rental property is for sale for $2,000,000. Currently the building generate $30,000 rent revenue per month

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Horngrens Financial and Managerial Accounting

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