Consider the following data showing the cash flows per year from a real estate property: year...

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Consider the following data showing the cash flows per year from a real estate property: year 1 2 3 4 5 Cash flow $21,000 $22,000 $23,000 $24,000 $25,000 After the 5th year, cash flows are expected to rise at a constant rate of 1.5% per year for the many years in the future. Your cost of money (interest paid on the loan) is 4.5% per year. A. Calculate the appraisal value of the house. B. Define and calculate the cap rate. Explain what it means. Consider the following data showing the cash flows per year from a real estate property: year 1 2 3 4 5 Cash flow $21,000 $22,000 $23,000 $24,000 $25,000 After the 5th year, cash flows are expected to rise at a constant rate of 1.5% per year for the many years in the future. Your cost of money (interest paid on the loan) is 4.5% per year. A. Calculate the appraisal value of the house. B. Define and calculate the cap rate. Explain what it means.