Assuming a sale date of December 2020, what will be the net proceeds from sale...
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Finance
Assuming a sale date of December 2020, what will be the net proceeds from sale if we have a resale calculation that capitalizes the NOI 12 months after sale? (Rounded to the nearest dollar)
Resale Cap Rate of 10%
Adjustments of -3%
NOI
2016
314,227
2017
376,252
2018
410,713
2019
407,746
2020
415,415
2021
404,263
Total
2,328,617
a) $3,921,351
b) $4,154,150
c) $4,042,630
d) $4,029,526
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