Five years ago you purchased a small apartment complex for $$1$ million. You borrowed $$700,000$ at $7$ percent. The loan term is $10$ years but payments will be based on a $25-$year amortization schedule with monthly payments. The original depreciable basis was $$750,000$ and you have used $27(1)/(2)-$year straight$-$line depreciation over the five$-$year holding period. Assume there was no personal property associated with the acquisition and no capital expenditures have been made since acquisition. The property could be sold today for $$1,270,000$ in a fully taxable sale.

Required:

What will be the after$-$tax equity reversion $($cash flow$)$ from the sale?