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Solve for blue boxes. Assumptions Property Purchase Price Mortgage Equity Position at Purchase Property Hold Period Property Sale Price $ in MM $100.00 $75.00 $25.00

Solve for blue boxes.

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Assumptions Property Purchase Price Mortgage Equity Position at Purchase Property Hold Period Property Sale Price $ in MM $100.00 $75.00 $25.00 3 years $120.00 Capital Gains Tax Rate Accumulated Depreciation Tax Rate Depreciation Allocation to Structure Depreciation Allocation to Structure Depreciation Schedule 15.00% 25.00% 70.00% $70.00 39 years Tax Calculations Tax on Gain Property Appreciation Capital Gains Tax at 15% Tax on Depreciation Annual Depreciation Accumulated Depreciation Depreciation Tax at 25% Net Equity Calculations 3.00% Equity Position at Sale Property Sale Fees Capital Gains Tax Depreciation Tax Net Equity after Sale $0.00 $0.000 Assumptions Property Purchase Price Mortgage Equity Position at Purchase Property Hold Period Property Sale Price $ in MM $100.00 $75.00 $25.00 3 years $120.00 Capital Gains Tax Rate Accumulated Depreciation Tax Rate Depreciation Allocation to Structure Depreciation Allocation to Structure Depreciation Schedule 15.00% 25.00% 70.00% $70.00 39 years Tax Calculations Tax on Gain Property Appreciation Capital Gains Tax at 15% Tax on Depreciation Annual Depreciation Accumulated Depreciation Depreciation Tax at 25% Net Equity Calculations 3.00% Equity Position at Sale Property Sale Fees Capital Gains Tax Depreciation Tax Net Equity after Sale $0.00 $0.000

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