Hi can you please help me solve number 10. Thank you again and have a good night.

QUESTION 8 The loan must satisfy both the minimum DSCR of 1.2 and maximum LTV of 70%. What is the largest loan the borrower can get? (now apply both constraints) O 4,900 4,900,000 O 8,602 O 8,602,000 QUESTION 9 If you buy the property at the asking price of $7,000,000 using the biggest loan you can get (from question 8), what will your down payment be? 2,100,000 O 7,000,000 O 4,900,000 O 210,000 QUESTION 10 What is the annual mortgage payment on the loan in question 8? O 206,250 O 306,250 O 106,250 O 406,250 Commercial Real Estate Common information for all the questions in this HW. You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of rentable space and is currently occupied by multiple tenants each with differing maturities on their respective leases. No lease is currently shorter than 1 year. The annual rent in the 1st year of ownership is $42.50/sq ft. The vacancy rate is 6.5%. You expect to incur collection losses (from tenant default) on 1.5% of the square feet during your first year. QUESTION 8 The loan must satisfy both the minimum DSCR of 1.2 and maximum LTV of 70%. What is the largest loan the borrower can get? (now apply both constraints) O 4,900 4,900,000 O 8,602 O 8,602,000 QUESTION 9 If you buy the property at the asking price of $7,000,000 using the biggest loan you can get (from question 8), what will your down payment be? 2,100,000 O 7,000,000 O 4,900,000 O 210,000 QUESTION 10 What is the annual mortgage payment on the loan in question 8? O 206,250 O 306,250 O 106,250 O 406,250 Commercial Real Estate Common information for all the questions in this HW. You want to purchase an office building in Brooklyn. The property contains 27,500 square feet of rentable space and is currently occupied by multiple tenants each with differing maturities on their respective leases. No lease is currently shorter than 1 year. The annual rent in the 1st year of ownership is $42.50/sq ft. The vacancy rate is 6.5%. You expect to incur collection losses (from tenant default) on 1.5% of the square feet during your first year