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An appraiser estimates annual rental collections on an investment property of $99,000. The vacancy factor is 5% and operating expenses run 30% of gross income. A similar investment should generate a return on investment of 15%. Using the income approach to value, what is the market value of this property?

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An appraiser estimates annual rental collections on an investment property of $99,000. The vacancy factor is 5% and operating expenses run 30% of gross income. A similar investment should generate a return on investment of 15%. Using the income approach to value, what is the market value of this property?






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