-Consider the Table Above

question 34

Multiple Choice

$\begin{array}{rrr}\begin{array}{l}\\Price\\Effective ~gross ~income \\\% ~operating ~expense\\\mathrm{NOl}\\\end{array}\begin{array}{rrr}\text { Comp 1 } & \text { Comp 2 } & \text { Comp 3 } \\\hline \$ 300,000 & \$ 350,000 & \$ 375,000 \\50,000 & 55,000 & 60,000 \\50 \% & 55 \% & 54 \% \\25,000 & 30,000 & 32,500\end{array}\end{array}$
-Consider the table above. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500. What value would a cap rate approach yield rounded to the nearest $100) ?

• A) $322,600
• B) $325,600
• C) $328,600
• D) $330,000

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Definitions:

Characteristics Of Clients

Refer to the distinguishing traits, features, or attributes that define individuals or groups receiving services from professionals such as social workers or counselors.

Stages Of Change

A model outlining the phases individuals typically go through when modifying behavior, from precontemplation to maintenance.

Initial Discussions

The first conversations or exchanges about a topic or issue, setting the groundwork for future deliberations.

Role Of Toys

The function toys play in the development, learning, or therapeutic processes of children, aiding in cognitive, physical, and emotional growth.