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6. My real estate dream is to pay $400,000 for a house (all in cash) on Day 1. During the course of the following year,

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6. My real estate dream is to pay $400,000 for a house (all in cash) on Day 1. During the course of the following year, I will put $80,000 of improvements into the house. Each of the three years thereafter, I expect to collect rents of $50,000 on the house. Finally, at the conclusion of the three years during which I'm collecting rents, I expect to sell the house for $450,000. At 4% interest, what will my net present value of this investment be? What will the internal rate of return be? 6. My real estate dream is to pay $400,000 for a house (all in cash) on Day 1. During the course of the following year, I will put $80,000 of improvements into the house. Each of the three years thereafter, I expect to collect rents of $50,000 on the house. Finally, at the conclusion of the three years during which I'm collecting rents, I expect to sell the house for $450,000. At 4% interest, what will my net present value of this investment be? What will the internal rate of return be

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