Answered step by step
Verified Expert Solution
Question
1 Approved Answer
calculate sale proceeds use those information below oard Name of Investment Purchase Price Indie Ruth Asset $50,000,000 Date Acquired 1/3/2021 Sources of Capital $ Amount
oard Name of Investment Purchase Price Indie Ruth Asset $50,000,000 Date Acquired 1/3/2021 Sources of Capital $ Amount Ratio % Debt Proceeds $0 0% Equity Capital $50,000,000 100% Total Capital Uses $50,000,000 Hold Period (Months) 120 Exit Date 1/31/2031 Exit Cap Rate 10.00% Exit Month's NOI $63,465,856 Gross Exit Price $634,658,564 Sale Cost Ratio 3.00% Sale Cost Net Sale Proceeds $1,500,000 ZF $13,465,856 IRR Multiple Monthly -19.88% 0.20x Quarterly -19.89% -11.34x
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Answer To calculate the sale proceeds we need to consider the following steps Step 1 Calculate the N...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Document Format ( 2 attachments)
663e9a68805a3_954110.pdf
180 KBs PDF File
663e9a68805a3_954110.docx
120 KBs Word File
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started