Question: Select ALL that are TRUE ! Do not try to click on all! Negative points will be given for any incorrectly clicked answers. Two comps.
Select ALL that are TRUE!
Do not try to click on all! Negative points will be given for any incorrectly clicked answers.
| Two comps. Operating & other expenses as percentage of gross income are 75% for both comps. This means that between the GIM technique and the cap rate technique, it's definitely more accurate to use the cap rate technique when one tries to estimate subject property's value. | ||
| Two comps. One comp is 4 times as important as the other comp in determining subject property's value. And so, when calculating their average cap rate, their respective weights should be 0.8 and 0.2. | ||
| Loan amount is nothing but the Present Value of all debt services & the loan balance. | ||
| In the times of a real estate bubble when building prices are rising, the cap rates are declining. |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
