Suppose that examination of a pro forma reveals that the fifth year net operating income (NOI) for an income producing p
Posted: Sun Jul 03, 2022 6:43 am
Suppose that examination of a pro forma reveals that the fifth year net operating income (NOI) for an income producing property that you are analyzing is $913,058 (you can assume that this cash flow occurs at the end of the year). If you estimate the projected rental growth rate for the property to be 2% per year, determine the projected sale price of the property at the end of year five if the going-out capitalization rate is 8%. O $6,922,300 $11,641,490 O $11,413,225 O $11,755,622