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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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