Question: I am reposting this because i got incorrect answer. I posted other parts of this question as seperate. MUST SHOW WORK IN EXCEL. Part 1

I am reposting this because i got incorrect answer. I posted otherI am reposting this because i got incorrect answer. I posted other parts of this question as seperate. MUST SHOW WORK IN EXCEL.

Part 1 - Income Approach Q1 Given the following information, calculate the overall capitalization rate: Sale price: $6,250,000; Potential gross income: $467,250; Vacancy and collection losses: 5.5%; and Operating expenses: $73,000

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