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You have decided to invest in a warehouse that is currently being rented out for $ 3 5 , 0 0 0 per year for
You have decided to invest in a warehouse that is currently being rented out for $ per year for the next years with rent paid at the beginning of each year. After the year lease expires, you expect to be able to raise the rent by per year with annual payments at the beginning of each year for the next years. Suppose that the current owner of the warehouse is offering to sell it for $ If you paid this price, what annual rate of return would you earn on this warehouse expressed as a percentage calculated to two decimal places?
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