Adjustments & Valuations

Depreciation Rate, Remaining Economic Life

Depreciation Rate, Remaining Economic Life

$10.00

Sold By : Johns Portfolio
Sold By : Johns Portfolio
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Notes

Per cost data, physical deprecation is $111,009, cost new is $307,557.  $111,009/$307,557= 36%.  The subject is 39 years old, 36/39=0.92%.  Depreciation rate is 0.92% per year.  100/.92=108-39=69.  Remaining economic life is 69 years.

Date of Appraisal: 20160708
Adjustment Amount: $0.92%
All sales are final unless the data provider made significant errors or omissions that would impact the credibility of the analysis.
  • State: Arizona
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