Question
A property value is $4,000,000, and it has a $3,000,000 loan on it. The annual net operating income is $220,000. When its time to refinance,
A property value is $4,000,000, and it has a $3,000,000 loan on it. The annual net operating income is $220,000.
When its time to refinance, with an interest rate of 4.00% and a 30-year amortization schedule, what is the loan amount the borrower will be able to get based on a 1.25 minimum debt service coverage ratio?
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The Changing Politics Of Finance In Korea And Thailand From Deregulation To Debacle
Authors: Xiaoke Zhang
1st Edition
1138811815, 9781138811812
