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***Please show work in Excel Rent is 50,000 and the lease is absolute NNN. Growth of that rent is 2% and the going in cap

***Please show work in Excel

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?

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