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Question 7 10 pts The following questions are based on a series of the following cash flows. The buyer anticipates buying the property for $1,000,000.

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Question 7 10 pts The following questions are based on a series of the following cash flows. The buyer anticipates buying the property for $1,000,000. 1 2 3 4 5 80,000 83,000 87.000 91,000 96,000 Year 0 NOI Sale and Purchase (1,000,000) of Property 7. If you decided to sell the building at the end of year 4 with an expected cap rate of 7%. What is the reversion value? (Sale price before fees) Please answer with two decimal places with positive values only

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