Question
You can buy a property today for $2.4 million and sell it in 5 years for $3.4 million (you own no rental income on the
You can buy a property today for $2.4 million and sell it in 5 years for $3.4 million (you own no rental income on the property).
c-1. what is the present value of the future cash flows, if you could earn $140,000 per year rent on the property? The rent is paid at the end of each month.
Have the equation...can't get it to work.
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Investments
Authors: Zvi Bodie
12th Edition
1260819426, 9781260819427
