Question: Use the Capitalisation Method to value a freehold property let at full market gross rent of $20,000 per annum. Outgoings and vacancy rate are estimated
Use the Capitalisation Method to value a freehold property let at full market gross rent of $20,000 per annum. Outgoings and vacancy rate are estimated at 20% and 6% respectively of the market rent. The market yield is 5%.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
