You close a deal to purchase a property that it is expected to appreciate ten times of its purchasing price in thirtyyears if you base your assumption in historic data. You can have a mortgage for twenty years in monthly payments.
Your twenty-year rate is 2.875% with 1.75 points in order to get your loan. Provide a detail amortization table andthe cash flow of your loan and evaluate the effective rate. What would be your profit rate and your assumedestimated profit in dollars? Explain your work in your Word document.

Answer rating: 100% (QA)

ANSWER Cash flow is the amount of cash and cash equivalents such as securities that a business gener... View the full answer