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Given the following property facts, what is the expected after-tax equity reversion if selling costs at reversion are 2.5%, and the mortgage balance a the

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Given the following property facts, what is the expected after-tax equity reversion if selling costs at reversion are 2.5%, and the mortgage balance a the end of the holding period is $1,146,000, Purchase Price $2,500,000 Annual Depreciation Expense $62,000 Holding Period 5 Years Annual Appreciation Rate 5.00% Capital Gains Tax Rate 30.00% Depreciation Recapture Tax Rate 25.00% $1,699,260 $1,900,982 $1,680,225 $1,869,982

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