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a property is purchased for 15 million. Financing is obtained at a 75% loan to value ration with total annual payments of 1,179,00. The property
a property is purchased for 15 million. Financing is obtained at a 75% loan to value ration with total annual payments of 1,179,00. The property produces an NOI of $1,400,000. Wat is the equity dividend rate ( ration of first year cash flow to equity)
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