To indicate a desired return of 12%, where should this percentage be entered in Argus Enterprise?

In Argus Enterprise, entering a desired return of 12% is done in the Cap Rate tab. The capitalization rate (cap rate) is a crucial metric for real estate investment, as it represents the relationship between the net operating income (NOI) of a property and its value. By setting the cap rate, you essentially establish the expected return on investment, which is particularly important for appraisals and assessing the viability of a property investment.

The Cap Rate tab allows users to specify this return, which directly affects how the value of the property is calculated based on expected income. This means that when you enter a 12% desired return in this section, it informs the software how to assess the property's value based on the projected income it generates, which is vital for investors looking to measure profitability.

The other tabs, such as Valuation, Investment, or Property Resale, focus on different aspects of the property or the financial analysis process, but they do not specifically target the calculation of expected return as directly as the Cap Rate tab does.