Based on the below data, what is the expected IRR of your investment assuming it was financed 80% with bank debt. (Round to two decimals)

• Net operating income $150,000
• Sell the property in five years.
• Assume the net operating income increases at 2.0%
• Assume the terminal cap rate is 7.50%
• Assume the going in cap rate was 7.0%
• Discount rate on similar investments 10%
• Bank financing is offered at 5% for 20 years