Exit cap rate and IRR
Good evening guys, Thanks for all your help here!
There's a couple of things that I can't wrap my head around
1. When we buy a MF we can calculate the cap rate using the PP and NOI. But how cap I project what it would be selling for in 5 years?
also, it seems like I need to low my projected cap rate when selling so the building price would go up accordingly
2. How do I use the IRR to Project the sell price?
Thank you in advance for the patience!