Initial Cost

Rent
Salary
E bill
Marketing
Maintenance

2300000
200000
480000
120000
100000
50000

Cash out Flow

Rent
Salary
E bill
Marketing
Maintenance
Total

200000
480000
120000
100000
50000
950000
sales

Ist year
2nd year
3rd year
4th year
5th year

NPV

NPV
IRR

12000000
14400000
17280000
20736000
24883200

-2300000
1450000
1930000
2506000
3197200
4026640
$2,539,971.23
82%

Equity
Debt
Tax
Interest

Profit
Net profit
2400000 1450000 NPV
2880000 1930000 IRR
3456000 2506000
4147200 3197200
4976640 4026640

Equity
Debt
Tax
Interest

Set up
Sales
Gross
Rent

NPV
IRR

NPV
IRR

100
0
0.4
0.2

-100
$20.99
23%

50
50
0.1
0.2

-50
$72.10
57%

$0.00
#NUM!

Debt
Sales
Profit
Interst
Taxable
Tax
PAIT
Pay
net profit
24

0
200
40
0
40
16
24
0
24
30

0
250
50
0
50
20
30
0
30
37.5

0
0
312.5 390.625
62.5
78.125
0
0
62.5
78.125
25
31.25
37.5
46.875
0
0
37.5
46.875
46.875 58.59375

0
488.2813
97.65625
0
97.65625
39.0625
58.59375
0
58.59375

Equity
Debt
Tax
Interest

NPV
IRR

Debt
Sales
Profit
Interst
Taxable
Tax
PAIT
Pay
net profit
17

50
200
40
10
30
3
27
10
17
27.8

40
250
50
8
42
4.2
37.8
10
27.8
40.85

30
20
312.5 390.625
62.5
78.125
6
4
56.5
74.125
5.65
7.4125
50.85 66.7125
10
10
40.85 56.7125
56.7125 76.09063

10
488.2813
97.65625
2
95.65625
9.565625
86.09063
10
76.09063

Equity
Debt
Tax
Interest

NPV
IRR

NPV
IRR

50
50
0.4
0.2

-50
$23.86
31%

50
50
0.4
0.4

-50
$12.40
23%

$0.00
#NUM!

Debt
Sales
Profit
Interst
Taxable
Tax
PAIT
Pay
net profit
8

50
200
40
10
30
12
18
10
8
15.2

40
250
50
8
42
16.8
25.2
10
15.2
23.9

30
20
312.5 390.625
62.5
78.125
6
4
56.5
74.125
22.6
29.65
33.9
44.475
10
10
23.9
34.475
34.475 47.39375

10
488.2813
97.65625
2
95.65625
38.2625
57.39375
10
47.39375

Debt
Sales
Profit
Interst
Taxable
Tax
PAIT
Pay
net profit
2

50
200
40
20
20
8
12
10
2
10.4

40
250
50
16
34
13.6
20.4
10
10.4
20.3

30
20
312.5 390.625
62.5
78.125
12
8
50.5
70.125
20.2
28.05
30.3
42.075
10
10
20.3
32.075
32.075 46.19375

10
488.2813
97.65625
4
93.65625
37.4625
56.19375
10
46.19375