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21) Based on the sample data below, calculate both the amortizing and interest only Cash on Cash returns, assuming the borrower elects to go with

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21) Based on the sample data below, calculate both the amortizing and interest only Cash on Cash returns, assuming the borrower elects to go with the maximum loan to value: a. Purchase Price - $20,000,000 b. Maximum Loan to Value - 70% C. NOI - $1,000,000 d. Amortized Debt Service - $820,000 e. Interest only Debt Service - $500,000 f. (1 pt) The amortizing Cash on Cash return is the following: i. 3.0% ii. 5.0% iii. 6.0% iv. 8.33% g. (1 pt) The interest only Cash on Cash return is the following: i. 3.0% ii. 5.0% iii. 6.0% iv. 8.33%

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