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Examen
ICA Chapter 20 Exam Questions & Answers
ICA Chapter 20
ICA Chapter 20
ICA Chapter 20 Exam Questions & Answers A property has a sale price of $860,000. A market derived cap rate of 9% has been calculated. What Income is indicated by this data? $64,200 $69,700 $77,400 $86,800 - ANSWERS$77,400 860,000 ENTER 9 [%] Sale #1 had a Net Operating Income of $14,400 and sold for $180,000; Sale #2 had a Net Operating Income of $15,200 and sold for $190,000. The subject has a Net Operating Income of $15,000. Based upon these two sales, what is the value of the s...
Bensuda
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