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You are about to purchase a property that you anticipate will produce $ 1 7 5 , 0 0 0 per year in NOI each

You are about to purchase a property that you anticipate will produce $175,000 per year in NOI each year. You anticipate selling in year 11 to a buyer that will pay $1,280,750, but you would incur 5% in expense when you sell the property. What do you estimate is the current market value of the property today using the DCF method and assuming a 8% discount rate?
\table[[Year,NOI,\table[[Net Sale],[Proceeds]],Total Cash Flow],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,],[6,,,],[7,,,],[8,,,],[9,,,],[10,,,],[11,,,]]
NPV=
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