You are considering buying an old house that you will convert into an office building for rental.
Fantastic news! We've Found the answer you've been seeking!
Question:
remodeling cost at period 0 = 20000$
annual rental income = 25000
annual upkeep cost ( including tax) = 5000
estimated net property value at the end of 10 years = 225000
the time value of your money (interest rate) = 10%
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