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An appraiser is analyzing the income characteristics of a current market transaction, which is as follows: Net Operating Income (NOI): $549,000 Overall Capitalization Rate (OAR):

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An appraiser is analyzing the income characteristics of a current market transaction, which is as follows: Net Operating Income (NOI): $549,000 Overall Capitalization Rate (OAR): 4.50% Loan-to-Value (LTV): 70% Mortgage Interest Rate: 3.50% Amortization (Years): 30 Based on the information above, help the appraiser answer the following questions: What is the property value (Round to nearest whole dollar)? What is the loan amount (Round to the nearest whole dollar)? What is the annual debt service based on monthly payments (Round two (2) decimal places)? What is the mortgage constant (Round two (2) decimal places)? What is the equity (Round to the nearest whole dollar)? What is the annual Before Tax Cash Flow (BTCF) to the equity position (Round two (2) decimal places)? What is the cash-on-cash return (Round two (2) decimal places)? Is there positive or negative leverage

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