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If a property had a first year NOI of $ 250,000 and a prospective Lender for the property required a Debt Coverage Ratio of 1.25,
If a property had a first year NOI of $ 250,000 and a prospective Lender for the property required a Debt Coverage Ratio of 1.25, what would be the maximum Loan that the Lender could provide to the Purchaser if the terms of the mortgage were 10%, with monthly payments for 25 years ?
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