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Help me solve this question in an excel format - You will be living in your college town for two more years. You are considering
Help me solve this question in an excel format You will be living in your college town for two more years. You are considering purchasing a townhouse that will cost you $ today. You estimate that if you do your expenses for each of the next two years will be $ less than if you rented an apartment. You think that you would be able to lease the townhouse to another college student afterward for $ per year and that your taxes, maintenance, and other expenses for the townhouse would be $ per year. You expect to lease the townhouse for five years before you sell it and you expect to be able to sell the townhouse for $
Use Excel to create an NPV profile for this undertaking. If it will cost you to borrow money, should you buy the townhouse? What if it will cost you to borrow money?
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