Last modified by
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Jul 24, 2020, 6:28:07 PM
Created by
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Jul 31, 2015, 10:58:05 PM
`"Property Value Estimate" = "Net Operating Income" / "Cap Rate %" `
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Property value is an estimate of what a home or a piece of land is actually worth.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
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