What is the estimate of fair value for sally

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Sally inherited some property from her family, it includes two homes, one in Stone Harbor and one in Maui. (nice family). Sally is thinking of selling the properties but wants to make sure she gets a fair price. The two properties combined produce $125,000 in net rental income; assume 4.0% is the anticipated rate of appreciation on the net rental income. What is the your estimate of Fair Value for Sally, if the required return is estimated at 10% annually?

Reference no: EM132128723

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