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what is the value of this investment? The subject property is expected to generate net operating income (NOI) over the next five years as thown
what is the value of this investment?
The subject property is expected to generate net operating income (NOI) over the next five years as thown in the foliowing table. The resale of the property is estimated at 55.5 million at the end of the fifh year. The closing costs are estimaled at 5% of the sale price. The discount rate is 9.5%. Cash flows are at the end of each yeac. What is the value of this ifventment? Round your answer to the nearest 51,000 . $4,050,000$4,944,000$55,327,000$5,700,000$3,711,000$3,947,000 Step by Step Solution
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