Would it make sense to show the IRR for each year as well since this calculation looks at how the cash flows and property value change with time?
IRR and MIRR are shown on an annual basis on the companion Excel worksheets, but are calculated and displayed only for the resale date on the PDA application due to limitations in display and computing power of the PDA device. The IRR and MIRR calculations generated by the PDA application uses values related to the actual resale date are more accurate than those generated in the Excel worksheet which uses a year-end income stream. As an example, if the resale month is June, the PDA will calculate IRR and MIRR for a 6 month income stream in the resale year, while the Excel worksheet will calculate this value on a full 12 month stream.
