Real Estate Investment
Submit a written “appraisal” of the five unit apartment at 4122 Wycliff that describes the property, estimates rent, estimates expenses, suggests a capitalization rate, and concludes value.
I. Market Rent Estimate
II. Estimate of Operating Expenses
III. Capitalization Rate
are supposed to be determined from the entire 5-unit apartment. not just for one unit. the units are a 1 bedroom 1.5 badrooms. However, the essay says the apartment complex has units with 1,2,3 and 4 bedrooms.