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5. If you get a loan that corresponds to the largest annual loan payment the lender will allow you to make based on the DSCR
5. If you get a loan that corresponds to the largest annual loan payment the lender will allow you to make based on the DSCR (computed in part 4), what will be your net income in the first year? 6. What is the largest loan a lender is willing to provide you with based on question 4 ? (Use the fact that this is an 10 loan at 7.25%. Also use the loan payment from question 4.) 7. The seller's asking price for the property is $8,000,000. If the lender has a maximum 70% LTV requirement what is the most the bank will lend you? (Only based on the LTV requirement.) 8. The loan must satisfy both the minimum DSCR of 1.2 and maximum LTV of 70%. What is the biggest loan the borrower can get? 9. If you buy the property at the asking price of $8,000,000 using the biggest loan you can get (from question 8 ), what will your down payment be
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