A residential building has an NOI of $400,000. Cap rates for similar properties are 5%. A tenant

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A residential building has an NOI of $400,000. Cap rates for similar properties are 5%. A tenant paying $500/month vacates. If the landlord renovates and increases this rent to $1,000/month including utilities, how much value is created?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Oct 21, 2020 09:45 PM

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A residential building has an NOI of $400,000. Cap rates for similar properties are 5%. A tenant

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Smith and Roberson Business Law

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