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Consider a property with a first year NOI of $88,000 and a debt coverage ratio of 1.3 applied to first year NOI. How much could

Consider a property with a first year NOI of $88,000 and a debt coverage ratio of 1.3 applied to first year NOI. How much could be borrowed against the property with a mortgage with a term of 30 years and an interest rate of 4% with monthly payments?

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