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20.Assuming a lender wants 1.25x DCR in the first year of the loan term and the property NOI is 5,000. What is the maximum debt

20.Assuming a lender wants 1.25x DCR in the first year of the loan term and the property NOI is 5,000. What is the maximum debt service the property can support?

A. $2,500

B. Impossible to determine without knowing the loan amount

C. $6,250

D. $4,000

21.Based on the Lender's requirements, the maximum debt service the property can support is $3,000 and the loan constant is 5%. What is the borrower's maximum loan amount?

A. $15,000

B. $60,000

C. none of the choices are correct

D. $55,000

Will thumbs up if solve both questions

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