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Income approach best for:

Correct Answer

C) Rental/investment properties

Values property based on income-generating ability.

Answer Options
A
Owner-occupied homes
B
Vacant land
C
Rental/investment properties
D
Historical landmarks

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Background Knowledge for Valuation

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Real World Application in Valuation

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Related Topics & Key Terms

Related Topics:

NOIcap-rateIRV

Key Terms:

income approachNOIcap rate
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