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This is an extension of the problem #29. The problem again states as follows: A property that generates NOI of $65,000 in first year, $75,000
This is an extension of the problem #29. The problem again states as follows: A property that generates NOI of $65,000 in first year, $75,000 in 2nd, $77,000 in 3rd, and $85,000 in 4th year is expected to sell in year 4 for $1,200,000. The property was purchased with cash for $900,000. What percent of the IRR can be attributed to the sale of the property? 67.00% 14.00% 24.00% 14.95% 76.00%
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