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You are considering investing in a multi - tenant commercial property for $ 2 , 5 0 0 , 0 0 0 . The property

You are considering investing in a multi-tenant commercial property for $2,500,000. The property is expected to generate a net operating income of $200,000 per year for the next 4 years, with an annual rental growth rate of 4%. After 4 years, you expect to sell the property for $2,800,000 Assuming a discount rate of 10%, what is the present value or investment value of the cash flows from the property?

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