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1.a. A lender requires a 1.20 debt service coverage ratio as a minimum. If the NOI of a property is $1.25 million, what is the

1.a. A lender requires a 1.20 debt service coverage ratio as a minimum. If the NOI of a property is $1.25 million, what is the maximum amount of debt service the lender would allow?

1.b. Assuming the lender in question 1.a. is looking at making a commerical mortgage with 30-year amortization and a rate of 5.50%, what is the maximum loan amount that the lender should consider?

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