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Given the following information, calculate the before-tax equity reversion. Net operating income: $40,500; Annual debt service: $27,000; Net sale proceeds: $900,000; Remaining mortgage balance: $675,000.
Given the following information, calculate the before-tax equity reversion. Net operating income: $40,500; Annual debt service: $27,000; Net sale proceeds: $900,000; Remaining mortgage balance: $675,000. (Input your answer rounded to the nearest whole dollar and without the $ sign, e.g., 1000)
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