Problem 2 Apache's real estate department is considering buying a hangar and leasing it out to private jet operators. They ask you to calculate the NPV and IRR of the investment and have given you the data below. Assume that the hangar is sold in year 25 and that the mortgage runs 25 years. Square footage 1.910 Property price (5) 1,015,000 Down payment 10.0% Interest rate 3.9% Closing costs at start 8,000 Broker fee in year 25 5.0% Yearly property 1.5% appreciation Rent/sq.ft./Inflator 3.00 Op. costs/yr. ($)/Inflator 11,640 Tax rate 21.0% Depreciation/year ($) 4,524 1.0% 1.0% - . : . LE : Paperit Deep Das PV MED # Den NY M Nest Ta tier tes. This pastalkaran ter. + EIA + kar na 12 19 HI 12 14 23 Beg Balance Problem 2 Apache's real estate department is considering buying a hangar and leasing it out to private jet operators. They ask you to calculate the NPV and IRR of the investment and have given you the data below. Assume that the hangar is sold in year 25 and that the mortgage runs 25 years. Square footage 1.910 Property price (5) 1,015,000 Down payment 10.0% Interest rate 3.9% Closing costs at start 8,000 Broker fee in year 25 5.0% Yearly property 1.5% appreciation Rent/sq.ft./Inflator 3.00 Op. costs/yr. ($)/Inflator 11,640 Tax rate 21.0% Depreciation/year ($) 4,524 1.0% 1.0% - . : . LE : Paperit Deep Das PV MED # Den NY M Nest Ta tier tes. This pastalkaran ter. + EIA + kar na 12 19 HI 12 14 23 Beg Balance