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A property has NOI of $4,000,000. One hope to borrow $50,000,000 at 4.25% payable monthly in arrears fully amortizing over 30-years. The bank requires a

A property has NOI of $4,000,000. One hope to borrow $50,000,000 at 4.25% payable monthly in arrears fully amortizing over 30-years. The bank requires a minimum DSC of 1.40 times. What is the maximum amount can borrow assuming the same interest rate and payment terms?

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