Question: A property is sold for $ 1 0 , 3 6 3 , 5 1 7 . The mortgage balance at the time of sale

A property is sold for $10,363,517. The mortgage balance at the time of sale is $6,758,133. The property was purchased for $8,387,208. Accumulated depreciation that was taken is $756,962. If the tax rate is 15 percent on price appreciation, and 25 percent on recaptured accumulated depreciation, what is the after-tax cash flow (ATCF) from sale of the property?
A property is sold for $10,363,517. The mortgage balance at the

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