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Given the following information calculate the initial equity investment. Purchase Price: $6,000,000 LTV: 70% Upfront Loan Fees: 2.5% of Loan Amount Annual Interest Rate: 7.2%
Given the following information calculate the initial equity investment.
Purchase Price: $6,000,000
LTV: 70%
Upfront Loan Fees: 2.5% of Loan Amount
Annual Interest Rate: 7.2%
Loan Term and Amortization Schedule: 30 Years [Monthly Payments]
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