Question
A property is purchased for $10 million. Financing is obtained with a 75% loan-to-value ratio with annual payments of $700,000. The property produces an NOI
A property is purchased for $10 million. Financing is obtained with a 75% loan-to-value ratio with annual payments of $700,000. The property produces an NOI of $1.2 million. What is this property’s equity dividend rate?
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
