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Commercial RE Project - Unlevered v Levered IRR Calculation


Fat Pitch

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Hey all!

 

Right now I am working on a Commercial RE project viability excel. However I am having trouble with the levered v unlevered IRR calculation. I have attached the excel to this posting and the calculation error can be found on tab #2 called "cash flow".

 

I know it has to do with how I am reporting NOI with the loan.

 

Thanks everyone, I greatly appreciate it!

 

Commercial_Real_Estate_Project_Excel.xlsx

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