An Investor Wants to Evaluate an Apartment Building Using the Income

An investor wants to evaluate an apartment building using the income approach. She gathers the following data on the apartment complex; all income items are on an annual basis.
$\begin{array}{c}\begin{array}{lll}\\ \hline\text {Gross Potential Rental Income}\\\text {Estimated Vacancy and Collection Losses}\\\text { Insurance and Taxes}\\\text {Utilities}\\\text {Repairs and Maintenance}\\\text {Depreciation}\\\text {Interest on Proposed Financing}\end{array}\begin{array}{l}\text { Investment under Consideration } \\ \hline \$ 100,000 \\5 \% \\\$ 8,000 \\\$ 5,000 \\\$ 12,000 \\\$ 15,000 \\\$ 6,000 \end{array}\end{array}$
Two apartment buildings have recently been sold in the area. Building A had a sales price of $5 million with an annual net operating income of $500,000. Building B had a sales price of $1 million with an operating income of $95,000. Except for size, both buildings have characteristics (location, age, quality, . . .) similar to that of the apartment building under consideration.
According to the income approach, what is the value of the apartment complex?