Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please do math in excel and show formulas. 1. Rent is 50,000 and the lease is absolute NNN. Growth of that rent is 2% and
please do math in excel and show formulas.
1. Rent is 50,000 and the lease is absolute NNN. Growth of that rent is 2% and the going in cap rate is 7.5%. The lease has 10 years remaining, but you plan to sell the property at the end of year 3 at a terminal cap rate of 8.2%. There will be selling closing costs of 1.5%. What is the net proceeds from the sell?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started