Question: Given the following property level data, all expressed on an ann what would be the net operating income used for the income capitalization approach
Given the following property level data, all expressed on an ann what would be the net operating income used for the income capitalization approach to appraisal: Potential gross income: $1,050,000 Vacancy and loss allowance: $45,000 Operating costs: $145,000 Maintenance: $25,000 Insurance and taxes: $175,000 Debt service payment: $350,000 4
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