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It is real estate questions: Q3. Your required return is 9%. A seller is asking $1,400,000 for his property. The NOI is $115,000. Will you

It is real estate questions:Q3. Your required return is 9%. A seller is asking $1,400,000 for his property. The NOI is $115,000. Will you get your required return?What price should you pay to get your required return?

Q4. Using the information in Q3, a lender requires a Debt Coverage Ratio (DCR) of 1.30 and will lend up to 65% of the price of a property. The lender offers 10 Year Mortgages that amortize over 25 years. The current rate is 5.75%. (MC = 0.075493) What is the maximum mortgage this lender will provide for this property?

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