18 21 Consider the following values. NOI+1: $2.8 million. Cap rate: 7.5%. Brokerage commission: 3%. Remaining mortgage b
Posted: Sun Jun 05, 2022 6:55 pm
18 21 Consider the following values. NOI+1: $2.8 million. Cap rate: 7.5%. Brokerage commission: 3%. Remaining mortgage balance: $12 million. Remaining book value: $14 million. Total depreciation taken: $4.9 million. Recapture tax (for depreciation taken): 25%. Tax on capital gain: 20%. What is the after-tax cash flow from the sale? Excel Link: Excel Sheet.xlsx $12,870,667 $19,525,667 $19,770,667 $24,213,333