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Suppose you expect that one year from now, a certain property s before - tax cash flow ( PBTCF = NOI - CI ) will
Suppose you expect that one year from now, a certain propertys beforetax cash flow
PBTCF NOI CI will equal only $ per year under a plausible pessimistic scenario or as much
as $ per year under a plausible optimistic scenario. If you borrow an amount such that the loan
payments will be $ per year for certain then what is your range of expected income return
component equity yield assuming that the property price is $ and the loan amount is
$
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