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Yuo are considering an investment in a rental property. The property costs $399,000 You estimate that you can make $66,000 per year in rental income

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Yuo are considering an investment in a rental property. The property costs $399,000 You estimate that you can make $66,000 per year in rental income after expenses. You plan to keep the property for 7 years, and you think you can sell the property for about $590,000 in 7 years. If you require a 14% return to make this investment, what is the NPV of this investment? Answer to 2 decimal places, for example 217 12

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