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Question 8 (1 point) Listen You are acquiring Honey Brook estates, a small luxury apartment property. You expect to finance 80% of the purchase and

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Question 8 (1 point) Listen You are acquiring Honey Brook estates, a small luxury apartment property. You expect to finance 80% of the purchase and have 3.2% closing costs on this $565500 purchase. What is your required cash for acquisition? (round to whole dollars) Your Answer: Answer Question 9 (1 point) Listen Lionville Towne Center is a proposed real estate purchase with a 5 year holding period. This property has cash flows as follows: BTCFs from operations in years 1 through 5 of $136,975, $141,335, $145,782, $150,318 and $154,945 respectfully, Additionally, the investment generates sale proceeds of $355,014 and requires an equity investment of $495044. What is the first year ROI? (Enter as a decimal, rounded answer to 3 decimal places) Your

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