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Business, 24.02.2020 23:52 0prayforthelost0
Mike wanted a capitalization rate of 14% if he bought Joe’s property. If three units rented for $450 per month, two units @ $550, and one unit @ $600 per month, what is the maximum amount Mike could pay in order to net the cap rate he wants?
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Mike wanted a capitalization rate of 14% if he bought Joe’s property. If three units rented for $450...
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