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An industrial property's first year annual NOI is projected to be $777,000, the property's acquisition cap rate is 7.0%, and the lender's maximum LTV
An industrial property's first year annual NOI is projected to be $777,000, the property's acquisition cap rate is 7.0%, and the lender's maximum LTV is 70% of the purchase price. What is the maximum loan amount that can be borrowed against the property? An industrial property's first year annual NOI is projected to be $777,000, the property's acquisition cap rate is 7.0%, the lender's maximum LTV is 70% of the purchase price, and the lender also requires an initial DSCR of 1.25 and an annual interest rate of 7.0% on a 25-year fully amortizing fixed rate mortgage loan that is payable. monthly. What is the maximum loan amount that can be borrowed against the property? If a lender wants to achieve an APR of approximately 7.0% on a 30- year fully amortizing fixed rate loan for $750,000 with a stated annual interest rate of 6.5%, how many points should the lender charge the borrower?
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