12) What are the payments on a $2.75 million 30-year mortgage at 15%? N-360 1-1.25 PV-2.75mil Solve for PMT=34772.21 13) You take out a $2.75 million 20-year mortgage at 12%, what is your remaining balance after 15 years? N 360 180 I/Y 1 1 PV PMT FV 0 0 0 22) A property is expected to generate NOI of $375,000 for years 1-6. The going in cap rate is 5.25%, and the terminal cap rate is 5%. If you hold the property for 5 years what is your expected unlevered IRR? 23) Given the cashflows listed below, what is the property's levered IRR (X.XX%)? Years 0 250.000 250,000 185,000 250.000 185,000 250.000 185.000 250.000 185,000 250.000 185,000 NOI DS Purchase price Down payment Sales Price Balloon 4.500.000 2,500,000 5.000.000 3,000,000