You are given the following information about an apartment building: Number of units 40 Monthly rent per unit $1,000 Vacancy and collection losses 5% of PGI Operating expense ratio 50% Price of the property $3,000,000 Financing with a 70% LTV ratio: Interest only loan with 6% interest and 2 discount points What is the capitalization ratio at which this property was bought

answer; ( prices are sticky);

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

answer; planning;

the answers are

a, b, c, & e.