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A property has an NOI of $180,000. You expect to be able to purchase the property with a cap rate of 6.5%. The bank will
A property has an NOI of $180,000. You expect to be able to purchase the property with a cap rate of 6.5%. The bank will offer you a Loan-to-Value (LTV) of 65%
2) For your capital structure, what will be the dollar amount of debt? What is the amount of equity?
Debt
Equity
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