Of 6 A property has a net income of $770,000 and sells for $9,800,000. What is its cap rate?

Riley asked Apr 3, 2022

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9 votes

Of 6

A property has a net income of
$770,000 and sells for $9,800,000.
What is its cap rate?

Riley asked Apr 3, 2022

by Riley

3.0k points

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7 votes

It’s cap rate is 0.079

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