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- 2009-3-4
- 最后登录
- 2009-7-29
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A real estate investment has the following characteristics
annual rental income 1,800,000
annual operating expense 1,200
available mortgage rate 6%
financing percentage 90%
required rate of return 15%
estimated holding period 5 year
investor's tax rate 25%
Based on the income approach, the value of the investment is closest to:
a. 4,000,000
b. 5,455,000
c. 6,133,000
为什么答案是A? |
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