a. Calculate the first year Before Tax Cash Flow (BTCF) using the following information:

First year NOI: $ 89,100

Price of the property: $1,056,000

Mortgage terms: Loan to value ratio=75%, 30 year term, 6.5% contract rate, up-front fees of 3% of loan amount (assume monthly payment and monthly compounding)

b. Calculate the equity dividend rate using the following information:

First year NOI: $ 89,100

Price of the property: $1,056,000

Mortgage terms: Loan to value ratio=75%, 30 year term, 6.5% contract rate, up-front fees of 3% of loan amount (assume monthly payment and monthly compounding)

(Round your answer to two decimal places. If you calculate equity dividend rate as 11.56%, report it as 11.56)

c. Given the following information, calculate the going-in capitalization rate for the specific property. First-year NOI: $24,750, Acquisition price: $200,000, Equity Investment: 20%. (Round your answer to two decimal places. If you calculate capitalization rate as 11.56%, report it as 11.56)