i.e. commercial bank loan rate is %7

Suppose you have TL200,000 of savings to invest and you want to buy an apartment home for a total of TL1,000,000. After buying, you intend to lease out the apartment at a monthly rental rate of TL 15,000 for 10 years (120 months), at the end of which you will sell it for TL 2,500,000 Based on the rental contract, the rent will increase at a rate of 10% at the end of each year. Your other option is to invest in other alternatives which would bring an average of 30% annual return. Although you do not have the full amount to buy your dream home, national commercial banks provide home loans up to 80% of the total cost and maximum 10 years of repayment terms. Assuming that you take a 10-year loan (120 months) with equal monthly repayments, decide whether this is a good investment or not. (Hint: Visit official web sites of different national commercial banks that provide home loans and find the best offer. Based on the loan rate that you choose, prepare the loan amortization table and calculate the present value (or internal rate of return) of your net cash flows. Assume that commercial banks do not charge any fees on home loans and that there is no taxes for rental income. Also please clearly provide the web link of the commercial bank loan that you choose)