A property is purchased for $1 million. Financing is obtained at an 80% loan-to- value ratio with total annual mortgage payment of $57,557. The property produces an NOI of $70,000. What is the equity dividend or before-tax cash flow (BTCFo)? $25,000 -$12,443 $18,694 $12,443 What is the taxable income on the above property (refer to question #6) assuming the interest paid for the year was $48,000 and the annual depreciation write-off of $20,513? $6,600 -$3,095 $1,487 $5,000 Assuming 28% tax rate, what is the after cash flow from operations (ATCFO) on the above property (refer to Question #7)? $416 $1,487 O-$1,025 $12,027