INSTRUCTIONS: You are considering a real estate investment with the following parameters and a five year holding period. Calculate the unlevered and levered NPV and IRR. Please make your calculations to the right of the data on this worksheet. Based solely on these calculations, would you proceed with the investment and why? Grade (out of 10): Purchase price 20,300,000 Anticipated NOI 1,500,000 Year 1 Tear 2 1,600,000 Year 3 1,650,000 Year 4 1,800,000 Year 5 1,900,000 Year 6 (stabilized) 2,000,000 Financing 65.0% Monthly 3.7% 0.3060% 5 25 9.0% Anticipated cap rate on sale Required Equity Return Required WACC 15.0% 10.0% LTV Payment frequency Mortgage rate Mortgage rate per month Term (years) Amortization (years) INSTRUCTIONS: You are considering a real estate investment with the following parameters and a five year holding period. Calculate the unlevered and levered NPV and IRR. Please make your calculations to the right of the data on this worksheet. Based solely on these calculations, would you proceed with the investment and why? Grade (out of 10): Purchase price 20,300,000 Anticipated NOI 1,500,000 Year 1 Tear 2 1,600,000 Year 3 1,650,000 Year 4 1,800,000 Year 5 1,900,000 Year 6 (stabilized) 2,000,000 Financing 65.0% Monthly 3.7% 0.3060% 5 25 9.0% Anticipated cap rate on sale Required Equity Return Required WACC 15.0% 10.0% LTV Payment frequency Mortgage rate Mortgage rate per month Term (years) Amortization (years)