You are looking to invest in a real-estate property to rent out that will cost $90,000. The property is expected to produce annual rent cash flows of $8,000 in Year 1, $8,400 in Year 2, and $8,800 in Year 3, at which point you will sell the property for $92,000.00, if your bank quotes you a mortgage rate of 6.5% per year what is the dollar return you can expect on your investment? Additionally, should you buy the property?

a. 7,854.33, no do not buy the property

b. 8,364.86, no do not buy the property

c. -7,864.33, yes buy the property

d. 8,364.86, yes buy the property

Could you also show me how you solved this please. Also, I am wondering how to solve this on a financial calculator if possible.