Can you explain #2? A property has an underwritten net cash flow of $2 million.A first mortgage

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Can you explain #2?

A property has an underwritten net cash flow of $2 million.A first mortgage is sized using a 3.7% interest rate, 30-year amortization, and a net cash flow debt service coverage ratio of 1.45x.What is the maximum loan it qualifies for using a NCF DSCR sizing constraint?

a)$32,855,018

b)$24,744,430

c)$24,972,144

d)$37,278,658

Posted Date: Jun 06, 2024 09:06 PM

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Can you explain #2? A property has an underwritten net cash flow of $2 million.A first mortgage

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