Question: Use the information below to derive a Cap Rate and solve for the property's Overall Value. NOI $100,000 Debt Service $84,000 Mortgage 80.00% Mortgage Constant
Use the information below to derive a Cap Rate and solve for the property's Overall Value.
NOI $100,000
Debt Service $84,000
Mortgage 80.00%
Mortgage Constant 10.53%
DCR 1.19x
Cap Rate?
Value?
please explain and show me how to do it in excel.
Thank you in advance.
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