Please help me fill the yellow boxes. Thanks. Ann is looking to buy an office building in
Fantastic news! We've Found the answer you've been seeking!
Question:
Please help me fill the yellow boxes. Thanks.
Ann is looking to buy an office building in 2014. She plans to rent it out for 5 years (2015-2019) and sell it at the end of 2019.
Using the maximum payment, compute the maximum loan Ann can get.
1.What is the maximum loan amount corresponding to a DSCR of 1.2?
2.What is the maximum loan amount Ann can get assuming 90% maximum LTV?
3.Assume for the rest of the question that Ann will Borrow the maximum available loan amount (the lesser of the amounts from the DSCR and LTV tests). What is the loan amount that Ann borrows to buy the property?
Posted Date: