Question
An investor buys a rental property for $1,500,000. This property is expected to generate $4,000 rental income for the first year, $6,000 rental income for
An investor buys a rental property for $1,500,000. This property is expected to generate $4,000 rental income for the first year, $6,000 rental income for the second year and $8,000 rental income for every year after that. At the end of five years, the investors plan to sell the rental property for $2,000,000. What is the internal rate of return (IRR) for this investment?
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Re Imagining Offshore Finance
Authors: Christopher M. Bruner
1st Edition
0190466871, 978-0190466879
