Homework answers / question archive / A rental property is providing an acceptable market rate of return of 13 percent

A rental property is providing an acceptable market rate of return of 13 percent

Finance

Share With

A rental property is providing an acceptable market rate of return of 13 percent. You expect next year's rent to be $1 million and that rent is expected to grow at 3 percent per year forever. What is the current value of the property