By dividing the net operating income (NOI) generated by an income-producing property by the price paid or offered for a property, a buyer can determine the:
a. capitalization rate (cap rate).
b. gross rent multiplier (GRM).
c. net spendable income.
d. capital basis.
Answer: a. capitalization rate (cap rate).
Business
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The percentage of time the work center is active compared to the available time is called:
A) effectiveness. B) efficiency. C) up-time. D) utilization.
Business
The difference between an actual figure and a budgeted figure is known as a variance
Indicate whether the statement is true or false
Business