You are considering investing in a real estate project. Your one ownership unit would cost $30,000. The project is expected to generate annual cash flow of: $4,500 in year 1, $5,000 each year 2-5, $8,000 in year 6 and $19,000 in year 7. You require a rate of return of 11.0%. What is the net present value (NPV) of this investment? Should you invest in this deal? Why or why not?
Show work if financial calulator is used show what keys were inputted to arrive at answer.