Consider a property that has an effective gross income of $42,500 and an NOI of $23,800. Looking

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Consider a property that has an effective gross income of $42,500 and an NOI of $23,800. Looking at several comparable in the area, the average cap rate is 23% and the gross income multiplier is 8.2

What is the value of the property using the gross income multiplier method?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Jun 26, 2023 03:47 AM

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Consider a property that has an effective gross income of $42,500 and an NOI of $23,800. Looking

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Effective Gross Income EGI 42500 Gross Income Mul... View the full answer

Real Estate Finance and Investments

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