Question
Given the following: Net operating income: 900,000 /Cost of sale(broker+atty) 6% /current loan balance 2,500,000/ loan to value ratio 75%/ capitalization rate 9.5%...... What is
Given the following:
Net operating income: 900,000 /Cost of sale(broker+atty) 6% /current loan balance 2,500,000/ loan to value ratio 75%/ capitalization rate 9.5%...... What is the cash available for distribution to the equity partners under each of the following scenarios?
a) the property is sold. b) the property is refinanced.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
