2. An apartment building has $227,791 total operating expenses; a 5% vacancy factor and $728,106 gross rental income. Annual debt service is $340,000. Calculate the effective gross income, net operating income and debt service coverage ratio. Based on a 1,25x DSCR, would the lender find the cash flow from this project satisfactory? Why or why not? 3. The owners of an office building want to borrow money against the cash flow of their property. That property shows $452,159 gross rental income, with a 6% vacancy factor and total operating expenses of $325,750. Would the lender find the cash flow from this property satisfactory using a 1.25 DSCR and with a monthly debt service of \$8,278? Why or why not? Calculate the effective gross income, net operating income and debt service coverage ratio