2) Consider a property purchase for $300,000 which is expected to generate future netcash flows of $25,000 per year for the next 5 years (starting one year from now). After that, the operating cash flow should step up 20% for the following 5 years. If you expect to sell the property 10 years from now for a price 10 times the net cash flow at that time, what is NPV if the required return is 12%