COST 100000

RENT 24000
PRO.TAX 1500
EXPENESS 1000
TAX 30%
DEP.OVER 10 YEARS 1
COST.OF.CAPITAL 12% INCOME STATMENT

REV 24000

EXP
P.TAX 1500
M.EXP 1000
DEP 10000

T.EXP 12500

EBIT 11500
TAX 3450
NI 8050
Add Dep 10000
FCF 18050
 2 3 4
PV Book Value ‫افتراض‬

y cost Y BV Selling Price 40000

0 -100000 0 100000
1 18050 1 90000 MV 40000
2 18050 2 80000 BV 0
3 18050 3 70000 Capital Gain 40000
4 18050 4 60000 TAX CG 12000
5 18050 5 50000
6 18050 6 40000
7 18050 7 30000
8 18050 8 20000
9 18050 9 10000
10 18050 10 0

PV 101,986.53
NPV 1,986.53
IRR 12%
 COST 100000
RENT 24000
PRO.TAX 1500
EXPENESS 1000
TAX 30%
DEP.OVER 10 YEARS 1
COST.OF.CAPITAL 12% INCOME STATMENT

REV 24000

EXP
P.TAX 1500
M.EXP 1000
DEP 10000

T.EXP 12500

EBIT 11500
TAX 3450
NI 8050
Add Dep 10000
FCF 18050
 2 3 4 24000 5
PV Book Value ‫افتراض‬ 40000 ‫افتراض‬

y cost Y BV Selling Price 40000 ‫الخطوات‬

0 -100000 0 100000 ‫مفصلة على‬
1 18050 1 90000 MV 40000 ‫الدفتر‬
2 18050 2 80000 BV 0
3 18050 3 70000 Capital Gain 40000
4 18050 4 60000 TAX CG 12000
5 18050 5 50000
6 18050 6 40000 CF Cap gain 28000
7 18050 7 30000
8 18050 8 20000
9 18050 9 10000
10 46050 10 0

pv 111,001.78
NPV 11,001.78
IRR 14%
 ‫‪6‬‬ ‫‪Sensitvity analysis‬‬
‫افتراض‬ ‫‪ MV&RENT‬ارتباط‬

‫الخطوات‬ ‫‪11,001.78‬‬ ‫‪0‬‬ ‫‪10000‬‬ ‫‪20000‬‬ ‫‪25000‬‬ ‫‪30000‬‬ ‫‪35000‬‬ ‫‪40000‬‬

‫مفصلة على‬ ‫‪0‬‬
‫الدفتر‬ ‫‪10000‬‬
‫‪15000‬‬
‫‪20000‬‬
‫‪25000‬‬
‫‪30000‬‬
‫‪35000‬‬
‫‪40000‬‬
‫‪45000‬‬
‫‪50000‬‬
‫‪55000‬‬
‫‪60000‬‬
‫‪65000‬‬
‫‪70000‬‬
45000 50000 55000 60000 65000 70000