Proxima is an investor looking to purchase a property in Waterloo, Ontario for $500,000 with an economic life of 40 year
Posted: Sat Feb 26, 2022 9:06 am
Proxima is an investor looking to purchase a property in Waterloo, Ontario for $500,000 with an economic life of 40 years. The land is valued at $125,000 and the building is valued at $375,000. Elon wants a 10% return on the investment. Using Investor Analysis, determine the Overall Capitalization Rate. Round your final answer to 3 decimal places. Show all work for full marks.