An investor is considering the purchase of a 100-unit apartment complex name Aspen Park. The property is expected to generate $300,000 per year in Net Operating Income. A mortgage lender has decided that the acceptable debt coverage ratio is 1.2 and that loan terms will be 9 percent per annum with 20-year amortization and monthly payments. What is the maximum monthly payment allowed by the mortgage lender? o $30,000.00 0 $27,333.33 0 $24,666.67 O $20.833.33 None of the Above