You are looking to buy a strip mall that generates:

Y1: $2,500,000

Y2: $2,600,000

Y3: $2,800,000

Y4: $2,900,000

If you paid $18,000,000 for the property and sold it at the end of year 4 for $19,000,000, what would be your rate of return?

Answer rating: 100% (QA)

To calculate the rate of return we need to consider both the income generated from t... View the full answer