FinancePregunta 78 de 100
A property has a net operating income of $24,000 and sold for $300,000. What is the capitalization rate?
a.8%
b.6%
c.10%
d.12%
Explicación
The capitalization rate equals net operating income divided by value: $24,000 / $300,000 = 0.08, or 8%. Cap rate is used to estimate value and compare income properties. A higher cap rate generally indicates higher risk or a lower price relative to income.
Practica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- A buyer pays 2 discount points on a $200,000 loan. How much do the points cost?
- A key purpose of the secondary mortgage market, including entities like Fannie Mae and Freddie Mac, is to:
- The Truth in Lending Act (Regulation Z) requires lenders to disclose the:
- A conventional loan is best described as one that is:
- A prepayment penalty in a mortgage is a charge for:
- Using an annual property tax rate of $2.50 per $100 of assessed value, the annual tax on a home assessed at $180,000 is:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con New York Real Estate Salesperson Licensing Exam · Cómo revisamos