Based on the following data the investment has a positive net present value.

time	cash flows from investment in a leased property	discount rate
0	-1,750,000	7%
1	$240,000
2	$240,000
3	$240,000
4	$240,000
5	$240,000
6	$240,000
7	$240,000
8	$240,000
9	$240,000
10	$240,000

TRUE OR FALSE?

USE Excel to solve this problem. The NPV function will give you the Present Value of cash flows from 1..T. (T is time of last cash flow). Then you must subtract the investment made at time zero to arrive at the net present value. Net Preset value gives you a metric to understand how much value an investment offers. Very important in real estate if your goal is to create value and wealth.