Given the following information, please cPurchase Price: $$900,000$

Loan: $$750,000,5\%,25$ years $($annual payments$)$

Year $1$ NOI: $$100,000$

Year $2$ ATCF: $$33,000$

Year $3$ ATCF: $$34,000$

Use an $85/15$ ratio for depreciation. $39$ year, straight line.

$35\%$ tax rate on income, $15\%$ on long term capital gains, $25\%$ depreciation recapture.

What is the after tax cash flow from the sale at the end of year $3?$ and what is the IRR of the investment?