The cash flows for the real estate and startup investments aren't disbursed at the same time each year, as was the case when calculating IRR and MIRR above. Instead, they occur at different periods.

How to Calculate IRR in Excel Using the IRR function in ... and the opportunity cost of the investor. For instance, a real estate investor might pursue a project with a 25% IRR if comparable ...

When calculating IRR, you're solving for an NPV of zero ... but that might not pan out in reality. For example, a real estate project might have projected cash flows that end up not coming ...