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.
Federally chartered credit unions have an interest rate cap of 18 percent on all loans, not just credit cards, according to the Credit Union National Association. If your 27.99 percent annual percentage rate, or APR, is the result of a rate increase, you should know your rights under the new law. The CARD Act requires issuers to review rate increases that occurred after Jan. 1, 2009, every six months and reduce the person's interest rate if appropriate.