单选题 A real estate investment has the following characteristics: Annual rental income $ 2700000 Annual operating expenses $1800000 Available mortgage rate 6% Financing percentage 90% Required holding period 5 years Investor Tax rate 25% Based on the income approach, the value of the investment is closest to:
【正确答案】 C
【答案解析】($ 2700000-$ 1800000 )/0.15=$ 6000000