The seller buys a NNN industrial park for $12,000,000, with improvements valued at 69%. He had a
Fantastic news! We've Found the answer you've been seeking!
Question:
The seller buys a NNN industrial park for $12,000,000, with improvements
valued at 69%. He had a loan of $1,500,000 on the downleg and all costs of sale, aside from commission, were .65%. The loan rate and term for the new property are 6.5% and 25 years. If the cap rate is 8.2%, what is the exchanger\'s new annual depreciation and after tax return (assume a 25% tax bracket).
Related Book For
Financial Theory and Corporate Policy
ISBN: 978-0321127211
4th edition
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
Posted Date: