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Question 3 10 pts In the guest lecture for this module, David Sobelman and Austin Simmons emphasize that the 3 primary compon
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Ans. Property type, Property Size and Property location

Cap rate = Net operating income / purchase price of property

Type of the property (commercial / residential) decides property management , taxes and maintenance cost which affect the Net rental income

Property size is directly related to gross rental income and property operational cost

Property location decides the purchase price of property as well as rental income on the property.

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