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A real estate property has the following expected cash flows: YEAR // CASH FLOW 0// -$85,784.00 1// $10,169.00 2 // $25,489.00 3 // $50,636.00 4
A real estate property has the following expected cash flows:
YEAR // CASH FLOW
0// -$85,784.00
1// $10,169.00
2 // $25,489.00
3 // $50,636.00
4 // $38,511.00
The investor wants to earn at least 9.00% on any real estate property. What is the IRR of this investment?
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