You are buying an investment property for $362186 today. Through research, you have determined that the value
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Question:
You are buying an investment property for $362186 today. Through research, you have determined that the value of the property is likely to grow at a rate of 7.75% per year, on average. How long until the value of the property grows to $527977?
A real estate investor has purchased a property for $125971. If they require a return of 11.92%, how much must they sell the asset for in 8 years?
This problem set includes questions that you will be required to solve:
1. rate (r)
2. time (t)
3. PV of a lump sum
4. FV of a lump sum
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: