A property was purchased by a property manager's client for $$7,000,000$ with a $$2,000,000$ down payment and a $30-$year, $$5,000,000$ loan with a $7\%$ interest rate. Gross potential income $($GPI$)$ for the property is expected to be $$850,000$ in year one. Operating expenses are expected to be $$350,000$ in year one. Both are expected to increase by $3\%$ each year. The property is expected to sell at the end of year five at a $7\%$ going$-$out capitalization rate with $5\%$ costs of sale. The investor$$s required rate of return is $12\%.$