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D Use the below information to complete the operations and reversion proformas, then answer the following 5 questions Purchase price $400,000 LTV 70% Term &

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D Use the below information to complete the operations and reversion proformas, then answer the following 5 questions Purchase price $400,000 LTV 70% Term & Am 20 years Interest rate 4.00% $6,000 Closing costs Holding period 4 years Annual income taxes $5,000 fixed each year 30% Marginal tax rate Taxes due on sale Discount rate (before tax) $100,000 15% Operations YEAR O NOI CAPEX PBTCF YEAR 1 YEAR 2 YEAR 3 YEAR 4 $ 32,000 $ 40,000 $ 45,000 $ 50,000 $15.000) $17.000) $_(8.000 $ 0 27,000 $ 33,000 $ 37,000 $ 50,000 YEAR 1 YEAR 2 YEAR 3 YEAR 4 $ 500,000 $_(15.000) $ 485,000 Reversion YEAR O FSP SE NSP Question 46 2 pts Based on the OMB and futures sales price at the end of your holding period, what is your loan to value ratio? In other words, when you sell this property, what is your the loan to value at that time (rounded to the nearest %)

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