-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:

Organizational Politics

The processes, activities, or behaviors within organizations which are aimed at using power and social networking to achieve personal or organizational goals.

Build Trust

The process of establishing confidence and reliability in relationships, whether personal or professional, through consistent actions, honesty, and transparency.

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The activities and behaviors individuals engage in within a workplace to gain power, influence decisions, and achieve personal goals.

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A contagious, uplifting force that can enhance productivity and morale in the workplace.