An appraiser estimates that a property will produce NOI of $75,000 in perpetuity, its total estimated rate of return is
Posted: Sun Jul 03, 2022 6:43 am
An appraiser estimates that a property will produce NOI of $75,000 in perpetuity, its total estimated rate of return is 12.5%, and the constant annual growth rate in NOI is 3.0 percent. What is the estimated property value? $600,000 O $789,474 O $750,000 O $483,871