Comp Annual EGI Sales Price EGIM
Comp 1 $50,000 $600,000 ?
Comp 2 $ ? $575,000 10
Comp 3 $56,410 ? 9.75
Comp 4 $45,000 $495,000 11
Comp 5 $60,526 $575,000 ?
1. What is the EGIM for Comp1?
a. 8
b. 9
c. 12
d. 13
2. What is the effective annual income for Comp 2?
a. $57,500
b. $60,000
c. $55,000
d. $47,500
3. What is the sale price for Comp3?
a. $499,000
b. $500,000
c. $600,000
d. $550,000
4. What is the monthly income for Comp 4?
a. $2,000
b. $3,750
c. $4,275
d. $5,250
5. What is the monthly EGIM for comparable 4?
a. .92
b. 120
c. 1.92
d. 132
6. What is the monthly EGIM for comp 5?
a. 9.5
b. 11.25
c. 114
d. 144
7. What is the mean (average) EGIM for all the comps above?
a. 11
b. 12
c. 9.55
d. 10.45
- 1. c. 12
- 2. a. $57,500
- 3. d. $550,000
- 4. b. $3,750
- 5. d. 132
- 6. c. 114
- 7. d. 10.45