Comp 1 Comp 2 Comp 3 Price $300,000 $350,000 $375,000 Effective gross income 50,000 55,000 60,000 NOI

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Comp 1 Comp 2 Comp 3

Price $300,000 $350,000 $375,000

Effective gross income 50,000 55,000 60,000

NOI 18,000 24,600 30,000

Consider the table above. Assume that the subject property has effective gross income of $54,000 and a NOI of $22,500. What value would aGIM approachyield (rounded to the nearest $100)?

$328,600

$321,000

$334,800

$360,000

Posted Date: May 18, 2024 08:09 AM

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Comp 1 Comp 2 Comp 3 Price $300,000 $350,000 $375,000 Effective gross income 50,000 55,000 60,000 NOI

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