Purchase Solution

Real Estate Investment Analysis

Not what you're looking for?

Ask Custom Question

Please help with the following problem:

You have the opportunity to buy a piece of land with your brother-in-law, Joseph Wheeler Dealer. The land can be purchased for $2,000,000 and Joseph is 100% positive that it can be sold for $2,900,000 in seven years. In fact, he will guarantee this sale price. As he says, "this is a no-brainer 50% return." What do you think the actual returns will be? The property is Miami-Dade County Florida and needs to be fenced. You might also need liability insurance. You can pay cash or finance the project. The cleanest assumption is to assume no debt. Do you have all the holding costs? Probably the best way to do this is with a short excel program.

Purchase this Solution

Solution Summary

This solution helps in with a question involving real estate investment analysis.

Solution Preview

I just need some help in coming up with the excel set up. I'd also appreciate if you can help me with the assumptions.
Thanks!
You have the opportunity to buy a piece of land with your brother-in-law, Joseph Wheeler Dealer. The land can ...

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Operations Management

This quiz tests a student's knowledge about Operations Management

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.