A property is expected to yield potential gross income of Kshs$.8$ Million, Kshs$.7\mathrm{.}5$ Million, Kshs$\mathrm{.}6\mathrm{.}5$ Million, Kshs$\mathrm{.}6\mathrm{.}89$ Million and Kshs$\mathrm{.}7\mathrm{.}2$ Million over $5$ years. Currently, the property has a $4\%$ vacancy rate with operating expenses of $32\%$ of economic gross income, which is expected to stay the same during the holding period. The vacancy rate is expected to increase to $6\%$ for the next two years and will be back to $4\%$for the other two years. Using $12\%$as the discounted rate of return, estimate the value of the property