That’s Loren Martell’s calculation in his latest Reader Weekly Column. I noticed it wasn’t in the Reader’s website when I tried to link to it. I sent them an email encouraging to do so. You’ll have to find it at one of their dispensers unless and until it makes it to the Web.
The Article is a train wreck so startling that its hard to avert your eyes through its full two pages of exposition. The calculation comes in the last paragraph under the section subtitled “Time for a rebate!”.
That’s quite a fall from what the property was valued at when the Red Plan began so very long ago. OH WAIT! Loren’s column is up now. Read and Marvel.