4. A real estate investor is considering buying a rental property for $1,000,000. The property is expected to generate the following net operating income (NOI): Year 1:$60,000 Year 2: $65,000 Year 3: $70,000 Year 4:$75,000 Year 5 onwards: increase by 3% annually The investor plans to sell the property at the end of Year 4 , using a cap rate of 5% I. Determine the selling price II. If the investor's required rate of return is 7%, calculate: III. The Net Present Value (NPV) of the investment IV. The Internal Rate of Return (IRR) V. Whether the investment is financially viable based on the calculations above