Question: What is the development spread on a building with a potential stabilized NOI of $100,000; total costs of $1,250,000; and an estimated going out cap

What is the development "spread" on a building with a potential stabilized NOI of $100,000; total costs of $1,250,000; and an estimated going out cap rate of 6.5%. .02% 150 basis points 800 basis points 9.5% $1,538,461.54
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