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Business, 12.11.2019 05:31 TookMurr

An apartment building has potential gross annual income of $50,000. the vacancy factor is 5%. the maintenance expenses are $1,000 per month. the property taxes are $3,500 per year. the insurance is $2,500 per year. the reserve account is built at a rate of $200 per month. the mortgage payments are $1,500 per month. if the value of the building is $338,750, what is the capitalization rate?

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