請問CFAL1的一個問題 - 金融分析師

第一次在板上發言, 請各位前輩多多指教 ^^"

小弟今天在看有關Real State investment的部分有個部份不是很懂

是有關After Tax Cash Flow Approach的問題,

小弟的問題是:

如果題目未給 annual mortagege payment, 如何算出ATCF?

===============================================================
題目給定

NOI = 48000 , annual depreciation = 20000

Purchasing price = 800000 , 融資30% , interest rate 7%

personal tax rate = 30%

請問ATCF為何?
===============================================================

解答計算流程:

pretax income :48000 - 20000 - (800000 x 0.3 x0.07) = 11200

Net Income = 11200 x (1- 0.3) = 7840

ATCF = 7840 + 20000 - 5854(重點在這個數字, 應該是22654-16800得來

但是題目未給22654這個mortgage payment數字)

= 21986


謝謝各位前輩指教 :)

--