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3) Given the following: Net Operating Income $ 900,000 Cost of Sale {Broker + Atty) 6% Current Loan Balance $2,500,000 Loan to Value Ratio 75%

3) Given the following: Net Operating Income $ 900,000 Cost of Sale {Broker + Atty) 6% Current Loan Balance $2,500,000 Loan to Value Ratio 75% Capitalization Rate 10.0% What is the cash available for distribution to the equity partners under each of the following scenarios? a) The property is sold. h) The property is renanced

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