1, A property you manage was purchased in cash for $600,000. The property is projected to have the following benefits over the next three years; $50,000 in the first year. $75,000 the second year, and $150,000 the third year. Net sales proceeds are expected to be $800,000 at the end of year 3. The investors required rate of return is 15%. What is the net present value of these benefits? What is the internal rate of return?

2, A property you manage was purchased with an initial investment of $300,000. NOI projections are as follows:

Year1: $55,000

Year2: $65,000

Year3: $75,000

Year4: $ 85,000

Net sales proceeds are estimated to be $400,000 at the end of year 4. The investors required rate of return is 13%. What is the present value of these benefits? What is the internal rate of return?