You buy a rental property for $150,000. You charge rent of $1000 a month for 20 years (and always have a tenet). Half way into the sixth month of the second year and half way into the first month of the tenth year you need to make fixes to the property that cost you $20,000 for each of the two repairs.

You finally sell the rental property for $175,000 at the end of 20 years. At a hurdle rate/cost of capital of 5%, find the NPV. Should you accept the rental property investment?