Cap Rate Am I doing this math right? Net Pro
Post# of 96879
Am I doing this math right?
Net Profit for the last quarter = $673,777 *4 = 2,695,108 Annual Net Profit
2,695,108/.08 = 33,688,850 Market Value
Assuming an 8% cap rate.
Did I do this right?
Today our net worth net of NTGL is 1,300,000 according to Wall Street?
How smart is this??
Paul