You can buy a property to day for 2.9 million 3 sell it in syeaks for 2.9 milion 3 sell it in syeat 3. 9 million. (norent incme) 8% interestrate. Question = what is the present value of the futwe casn flows if you also could earen \$190,000 ple year rent on the propenty. The rent is paid at the end of the each year. present value