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DSCR = A. NOI/DS B. PGI/NOI C. EGI/DS D. DS/NOI When underwriting a loan, what is the ratio that measures capacity A. DTI and DSCR

  1. DSCR =

    A.

    NOI/DS

    B.

    PGI/NOI

    C.

    EGI/DS

    D.

    DS/NOI

  2. When underwriting a loan, what is the ratio that measures capacity

    A.

    DTI and DSCR

    B.

    IRR and NPV

    C.

    Debt Yield Ratio

    D.

    PCL

  3. In the Direct Capitalization approach the value equals

    5 years NOI + Net Sales Price

    Year 1 NPV/ Going out CAP rate

    Year 0 NOI/ IRR

    Year 1 NOI/ Going In CAP rate

  4. Calculate the rate based on the following terms of a 3/1 ARM when the rate adjust for the first time after 36 months if the index is 5%

    Margin: 2.75

    Index: LIBOR

    Start Rate: 3%

    CAPS: 3/2/5

    7.75%

    6%

    5%

    6.75%

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