A house that you want as an investment costs $200,000 (including closing costs, etc.). You expect that you can earn $21,000 per year for the next five years (after taxes, expenses, depr, etc.). You think there will be capital expenditures of $1,000 per year. You estimate you can sell it for $250,000 after five years. Broker commissions (an expense) are 5% of the gross price plus an additional $5,000 of closing expenses. Deprecation per year is 1/27.5 of the purchase price (use this to calculate what the basis will be when the house is sold) and your tax rate when you sell it is 25%. If your required return is 12%, what is the NPV of this investment? A house that you want as an investment costs $200,000 (including closing costs, etc.). You expect that you can earn $21,000 per year for the next five years (after taxes, expenses, depr, etc.). You think there will be capital expenditures of $1,000 per year. You estimate you can sell it for $250,000 after five years. Broker commissions (an expense) are 5% of the gross price plus an additional $5,000 of closing expenses. Deprecation per year is 1/27.5 of the purchase price (use this to calculate what the basis will be when the house is sold) and your tax rate when you sell it is 25%. If your required return is 12%, what is the NPV of this investment