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1. A lender requires a 1.20x debt coverage ratio as a minimum. If the net operating income of a property is $180,000, what ANNUAL amount

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1. A lender requires a 1.20x debt coverage ratio as a minimum. If the net operating income of a property is $180,000, what ANNUAL amount of debt service would provide the required debt coverage ratio? A. $150,000 or higher B. $150,000 or lower C. $216,000 or higher D. $216,000 or lower Triple Net Lease usually refers to the tenant paying all but which of the following expenses? A. management fees B. property taxes C. maintenance D. insurance

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