Income Valuation (Capitalization)

Property Name

Location

Address

Nairobi Zone

Gross Annual Rent (KES)

Vacancy Rate (%)

Operating Expenses (%)

Capitalization Rate (%)

Cap Rate (%)

7.2

Rental Yield (%)

6.8

NOI

Ksh 8,280,000

Capital Value

Ksh 115,000,000

Net Operating Income: Ksh 8,280,000

Capital Value: Ksh 115,000,000