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California Real Estate License Exam Questions with Complete Answers
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California Real Estate License Exam Questions with Complete Answers 1.17. Leland uses an 8% capitalization rate for a 40-unit apartment building that generates $174,000 net income. Which of the following is the most appropriate value of this property? A. $1,400,000 B. $1,566,000 C. $2,175,0...
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