Question: Question 1 5 When estimating the terminal value of a property ( i . e . , the estimate of the sale pric of the
Question
When estimating the terminal value of a property ie the estimate of the sale pric
of the expected holding period an appraiser will commonly use the direct capitali
approach. In this use of direct capitalization, the appraiser will divide the projecte
year beyond the end of the holding period by which of the following?
discount rate
goingout cap rate
gross income multiplier
goingin cap rate
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
