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A property that has recently been valued at $6 million has an NOI of $500,000. A real estate lender is willing to make a 10%

A property that has recently been valued at $6 million has an NOI of $500,000. A

real estate lender is willing to make a 10% interest-only loan as long as the DSCR

is at least 1.25. Calculate the maximum loan amount.

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