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Project of a building with 25 flats being evaluated for 15 years. Because of the growth for the city only 90% from the flats will be rented. This project has construction cost of 100000$ and land cost is 50000$. The annual maintenance and operation cost per flat is 94.4$ and monthly rent for each flat is 170$. Monthly tax is around 0.5% from land investment and there is annual cost saving of 500$. Knowing that land will be sold at the end of 15 years with the same land invested value. Assume that your MARR =20 %What is the AW value?

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