A retail shopping center is purchased for $$2\mathrm{.}1$ million. During the next four years, the property appreciates at $4$ percent per year. At the time of purchase, the property is financed with a $75$ percent loan$-$to$-$value ratio for $30$ years at $8$ percent $($annual$)$ with monthly amortization. At the end of year $4,$ the property is sold with $8$ percent selling expenses. What is the before$-$tax equity reversion?