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.
For the purpose of paying a retention incentive, rate of basic pay means the rate of pay fixed by law or administrative action for the position to which an employee is appointed before deductions and including any special rate supplement under 5 CFR part 530, subpart C, or similar payment under other legal authority and any locality-based ...