Calculate the After Tax Cash Flow from Reversion for an apartment building using the assumptions:

Calculate the After Tax Cash Flow from Reversion for an apartment building using the following assumptions: 100% equity financed (no debt) . Net Sales Price-$20,000,000 Original Purchase Price = $17,000,000 Assessed Value $17,500,000 Land-15% of Original Purchase Price Holding Period-4 years Income Tax Rate 34% . Capital Gain Tax Rate 16% Recapture Tax Rate = 20% $19,099,636 O$19,025,455 $19,233,590 $19,520,000 Calculate the After Tax Cash Flow from Reversion for an apartment building using the following assumptions: 100% equity financed (no debt) . Net Sales Price-$20,000,000 Original Purchase Price = $17,000,000 Assessed Value $17,500,000 Land-15% of Original Purchase Price Holding Period-4 years Income Tax Rate 34% . Capital Gain Tax Rate 16% Recapture Tax Rate = 20% $19,099,636 O$19,025,455 $19,233,590 $19,520,000