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Commercial Loan Underwriting Three Year Hold (Value of project 10,000,000; Partially Amortizing Loan Amount = 7,000,000; Interest Rate = 5.25%; Amortization Period 25 years; Term

Commercial Loan Underwriting Three Year Hold (Value of project 10,000,000; Partially Amortizing Loan Amount = 7,000,000; Interest Rate = 5.25%; Amortization Period 25 years; Term 3 years; Points=2.5; NOI = 650,000 BTCF1= 134,200; BTCF2 = 136,800; BTCF3 = 142,300; Net Sale Price 12,000,000) What is the IRR for this investment?

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