NZ Registered Valuer Exam Practice Questions - NZ Valuers Registration Board Registration Examination (New Zealand) Exam

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A commercial property has a net passing income of $120,000 per annum. The current market capitalisation rate for similar properties in the area is 6.0%. If the valuer applies a vacancy and collection loss allowance of 5% to the net passing income prior to capitalisation, what is the indicated capital value of the property?

$$1,900,000 $$2,000,000 $$1,800,000 $$2,100,000

Correct Answer:

$$1,900,000

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