Question: Question 4 8 pts Consider the table. Assume that the subject property has effective gross income of $73,000 and a NOI of $37,550. 1) What

 Question 4 8 pts Consider the table. Assume that the subject

Question 4 8 pts Consider the table. Assume that the subject property has effective gross income of $73,000 and a NOI of $37,550. 1) What value would a GIM approach yield (rounded to the nearest $100)? 2) What value would a Cap Rate approach yield?(rounded to the nearest $100) Comp 1 Comp 2 Comp 3 625,000 675,000 697,000 Price Effective gross income 75,000 78.000 77,500 % operating expense 50% 52% 54% NOI 37.500 38,500 38,250 Upload Choose a File Emba

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