Question
A property has been purchased for $5,000,000 based on a going-in cap rate of 8.33%. The NOI grows at a rate of 3% per year
A property has been purchased for $5,000,000 based on a going-in cap rate of 8.33%. The NOI grows at a rate of 3% per year and is sold for $6.5 million at the end of year 10. In addition, the property is financed with a 70% LTV interest only loan with an interest rate of 5% and a 10-year term. What is the levered IRR (before-tax)?
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Crypto Technical Analysis It S More Than A Chart
Authors: Charles G. Koonitz
1st Edition
1989118690, 978-1989118696
