risk-adjusted-returns.xlsx

	A	B	C	D	E	F	G	H	I	J	K	L	M
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2	Purchase Price	$1,000,000
3	CapEx	$0
4	Selling Cap rate	6%
5	Income increase	4%
6	mort rate	6%
7	LTV	80%
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9	year		1	2	3	4	5	6	7	8	9	10
10	NOI	-$1,000,000	$70,000	$72,800	$75,712	$78,740	$81,890	$85,166	$88,572	$92,115	$95,800	$99,632	$1,660,530
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12	debt coverage		-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$57,557	-$669,486
13	investor payments	-$200,000	$12,443	$15,243	$18,155	$21,184	$24,333	$27,609	$31,015	$34,558	$38,243	$42,075	$991,045
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15	IRR no debt	11.08%
16	IRR debt	21.67%
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