Question
please do math in excel and show formulas. 3. Rental income starts at $100,000 in year one and grows by 2%. It is purchased at
please do math in excel and show formulas.
3. Rental income starts at $100,000 in year one and grows by 2%. It is purchased at a 7.5% cap rate. Interest rate is 4.5% with monthly payments and amortized over 25 years. The sale will occur at the end of year five at a 7.5% cap rate. No closing costs. What is the IRR?
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
