You paid $725,000 for a duplex and financed 75% of the purchase price. Your forecasted cash flows for the property are listed below and you expect to sell the property for $740,000 at the end of year 5 and you owe $499,318.73 on the property. What is your expected internal rate of return? Answer should be formatted as a percent with two decimal places. You are considering the purchase of a property with the following information: - Gross Annual Rents =$87,343 - Vacancy Rate =5.45% - Net Operating Income =$58,812 - Property Management Fee =11% - Purchase Price =$334,298 What is the cap rate on this property? Answer should be formatted as a percent with two decimal places