Question 10 10 pts Consider the purchase of a rental property for $400,000. You can borrow at 70% LTV and finance the property with a $200,000 mortgage at 6% (30-year amortization) with an annual debt service of $20.145. Expected Not for the first 5 years is $36,000, $37.080, $38.192. $39,338, and $40,518 respectively. Assume that you can sell the property at the end of year 5 to net $417,339 with a remaining mortgage balance of $269.606. What is the leveraged IRR on this investment? 21.23% 1837% 20515 17.99% 240 Question 10 10 pts Consider the purchase of a rental property for $400,000. You can borrow at 70% LTV and finance the property with a $200,000 mortgage at 6% (30-year amortization) with an annual debt service of $20.145. Expected Not for the first 5 years is $36,000, $37.080, $38.192. $39,338, and $40,518 respectively. Assume that you can sell the property at the end of year 5 to net $417,339 with a remaining mortgage balance of $269.606. What is the leveraged IRR on this investment? 21.23% 1837% 20515 17.99% 240