You are considering investing in a rental property. Market rent for similar properties is $1,500$ a month $(18,000$ a year$).$ Maintenance costs, property tax and insurance add up to $4,000$ a year. You expect rent and cost to increase at $5\%$ a year. You plan to hold the property for $10$ years and expect to sell it at the end of $10$ years for $$250,000.$ How much should you pay for it now if you're asking for a return of $15\%?$

Question $13$ options:

$$152,134\mathrm{.}01$

$$132,058\mathrm{.}94$

$$169,321\mathrm{.}37$

$$145,426\mathrm{.}88$