Question: Consider the data in Table A in the data appendix to this exam. Assume that the property you wish to value has cffective gross income
Consider the data in Table A in the data appendix to this exam. Assume that the property you wish to value has cffective gross income of $53,000.00 and a. NOI of $27,500.00 Calculating the cap rate applicable to the property you wish to value as the average of the cap rates given for the three comparable properties in 'Dable A, your estimate for the market value of the property is approximately TABLE A TABLE B Consider the data in Table A in the data appendix to this exam. Assume that the property you wish to value has cffective gross income of $53,000.00 and a. NOI of $27,500.00 Calculating the cap rate applicable to the property you wish to value as the average of the cap rates given for the three comparable properties in 'Dable A, your estimate for the market value of the property is approximately TABLE A TABLE B
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