Formulas: LTV - (Mortgage balance / Acquisition price) DCR - (Net operating income / Debt service) Maximum debt service - NOI/Minimum DCR Assume a retail center can be purchased for $4.5 million. The center's NOI is expected to be $453,166. A $3,000,000 loan has been requested. The loan carries a 9.0% fixed contract rate, amortized monthly over 25 years with a 9-year term. What will be the property's (annual) debt coverage ratio? 1.4 1.3 0.0556 17.99 1,5