Given the following information, calculate the net income multiplier for this property. First-year NOI: $18,750, Acquisition price: $150,000, Equity Investment: 20%.

Question

Quizplus · Accepted Answer

The net income multiplier is calculated by dividing the acquisition price by the first-year NOI. So, $150,000 / $18,750 = 8.0. The equity investment percentage is not needed for this calculation.

Given the Following Information, Calculate the Net Income Multiplier for This