A real estate investor is considering the purchase of a four$-$unit office building and has the following information. The purchase price is $$972,770$ with $$8,048$ in acquisition costs. The project can be financed with a first mortgage of $77\%$ of the purchase price at an interest rate of $7\mathrm{.}2$ percent for $30$ years, monthly payments. Financing costs $($discount points, etc.$)$ are estimated at $3$ percent of the loan amount. There is a prepayment penalty of $5$ percent of the outstanding balance if the loan is paid off within the first $6$ years of the mortgage life. The property will be sold and mortgage loan repaid at the EOY$4.$

What is the initial equity investment for the equity investor?