Sam wants to buy an apartment building and wants to determine the market value of the...

 

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Sam wants to buy an apartment building and wants to determine the market value of the building based on the following information: Rent $400,000 Operating Expenses = $250,000 Interest Expense = $50,000 Annual mortgage payment = $80,000 CAP Rate=8% Sam wants to buy an apartment building and wants to determine the market value of the building based on the following information: Rent $400,000 Operating Expenses = $250,000 Interest Expense = $50,000 Annual mortgage payment = $80,000 CAP Rate=8%