Bruce wanye is interested in purchasing a property with an, Ask an Expert

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Bruce Wanye is interested in purchasing a property with an effective gross income of $56,321 and a net operating income of $30,481. A comparable property has a price of $302,110, effective gross income of $53,567, and an NOI of $27,629. What is an estimate of the sales price using the gross income multiplier approach?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92419968

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