What Is the Estimated Value of an Income-Producing Property with an NOI

question 2

Multiple Choice

What is the estimated value of an income-producing property with an NOI of $65,000 and a cap rate of 11.5%?

• A)$7,475
• B)$65,000
• C)$72,475
• D)$73,446
• E)$565,217

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Definitions:

Stepmother Family

A family structure that includes a stepmother, which means a woman who is married to one's father after the divorce or death of one's biological mother.

Lesbian Stepmother

A woman who is in a same-sex relationship with one biological parent of a child, and who may take on parental roles without being a biological mother.

Biological Mother

The woman who contributes half of the genetic material to, and carries the pregnancy of, a child.

Mothering Tasks

The activities and responsibilities involved in caring for and raising children, traditionally associated with maternal roles.