Jill buys a house for $800k, lives there for exactly 10 years and sells it. Suppose Jill's annual cost of ownership is exactly equal to the annual rent she would have paid to live in the same house.
Suppose the price of Jill's house grows 4.5% annually. Suppose selling expenses are 8% of the sale price. Compute Jill's annual IRR from owning net of renting.