Question: Help Save & Submit Mt. Fury is deciding whether to purchase an office building that he estimates to have operating costs of $750,000 per year,

Help Save & Submit Mt. Fury is deciding whether to purchase an office building that he estimates to have operating costs of $750,000 per year, gross potential income of $2,000,000, and a vacancy rate of 10%. A similar property with an NOI of 1,000,000 recently sold for $10,000,000. What is the estimated value of this building? Multible Choice $750,000 S1050,000 $2,000,000 $10.500.000 Sit000000

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