Pleasant Plains, Sangamon County, Illinois: Browse Thousands of Acres of Land for Sale in Pleasant Plains, Sangamon County, Illinois.
If a property was listed for R1,000,000 and generated a net operating income (NOI) of R100,000, then the cap rate would be R100,000/R1 million or 10%. Thus, cap rate = annual net operating income/cost and is expressed as a percentage. Here is how a cap rate is commonly used. Suppose you are researching the recent sale of a warehouse building with a stabilised Net Operating Income (NOI) of R1 million, and a sale price of R17 million, it is common to say that this property sold at a 5.8% cap rate.
APR can vary enormously between lenders. For example some payday loan companies may charge over 5000% APR. Whereas regulated Credit unions must charge less than 43% APR. Try putting in a high APR on the first slider and a low APR on the second slider and compare the interest owed.owever beware, the APR is more than the monthly rate times 12. The APR is worked out on the basis that you refinance each month for 12 months. When you take out a new loan to pay off the first one-plus any interest-the next month's interest payment is likely to be significantly MORE.