Q50.A real estate investment has the following characteristics: Annual rental income $1,800,000 Annual operating expenses $1,200,000 Available mortgage rate 6% Financing percentage 90% Rewired holding period 5 years Investor Tax rate 25% Based on the income approach, the value of the investment is closest to: A. $ 40,000,000 B. $5,455,000 C. $ 6,133,000 D. $8..696,000 答案和详解如下：
Q50. A Study Session 18-79.j ($1,800,000 - $1,200,000)/0.15=$4,000,000
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发表于 2007-11-5 19:20
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