4. The first-year NOI for an office building is $150,000. An investor is willing to provide financing up to a debt-coverage ratio of 1.5. If the mortgage has a five year maturity, 25 year amortization, and 6% interest rate, what is the maximum loan value... you can obtain assuming payments are made on an annual basis? 5. You are currently analyzing the cash flows generated by an office in Hoboken. The lease for the office currently occupying 12,000 square feet of space is about to expire at the end of the year and you believe there is a 75% chance the tenant will renew the lease. If the current lease ventures it will take about nine months to find a new one period whether the existing tenant renews or not, you expect to receive $30 per square foot for this particular space. What is the vacancy adjustment corresponding to this tenant