Question: Data for five comparable income properties that sold recently are shown in the accompanying table. Property A B D E NOI $57,800 49,200 63,000 56,000

Data for five comparable income properties that sold recently are shown in the accompanying table. Property A B D E NOI $57,800 49,200 63,000 56,000 58,500 Sale Price $566,600 496,900 630,000 538,500 600,000 Overall Rate 0.1020 0.0990 0.1000 0.1040 0.0975 MB Required: What is the indicated overall cap rate (Ro)? (Round your final answer to 2 decimal places.) Overall cap rate (Ro) percent

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