It is not easy to obtain the building or parcel prices of income-generating real estates of similar qualities. Assuming you have the income and selling prices given in the table below, what is the most reasonable price of a property with a revenue of $16,000? Net Operating Income sale price real estate 1 $15,000 $ 115,400 real estate 2 20,000 166,700 real estate 3 12,500 100,000 real estate 4 18,000 140,600 the real estate in question 16,000 ?
It is not easy to obtain the building or parcel prices of income-generating real estates of similar qualities. Assuming you have the income and selling prices given in the table below, what is the most reasonable price of a property with a revenue of $16,000? Net Operating Income sale price real estate 1 $15,000 $ 115,400 real estate 2 20,000 166,700 real estate 3 12,500 100,000 real estate 4 18,000 140,600 the real estate in question 16,000 ?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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It is not easy to obtain the building or parcel prices of income-generating real estates of similar qualities. Assuming you have the income and selling prices given in the table below, what is the most reasonable price of a property with a revenue of $16,000?
| Net Operating Income | sale price | |
| real estate 1 | $15,000 | $ 115,400 |
| real estate 2 | 20,000 | 166,700 |
| real estate 3 | 12,500 | 100,000 |
| real estate 4 | 18,000 | 140,600 |
| the real estate in question | 16,000 | ? |
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